Not a blog but a "q-and-a" (pronounced "quanda"), this page is about the basics of economics. Its premise: there are no stupid q's. And if some a's seem dim, take heart: I can brighten them up in response to objections, corrections, refinements. Comments on posts feature yours, and my responses. Enough of you now frequent and query the quanda that I post most every day. Haven't seen your q yet? Send it again. All a's should be taken with a shaker of sodium chloride, if not a Lot's-wife's-worth. And speaking of salt, the mustache and "hair" in the photo has a lot less of that condiment, and rather more pepper, than can be seen on TV. Think of it as time travel.
The U.S. economy has lost millions of jobs over the past year. And in order to avoid further layoffs, many organizations are asking employees to make painful sacrifices - wage cuts, fewer benefits, and unpaid leave. We'll explore this in a segment scheduled to air on the NewsHour Friday about the "share" economy.
At Boston's Beth Israel Deaconess Medical Center, more than 400 positions have been saved thanks to executives taking lower salaries and employees offering donations. The hospital's CEO, Paul Levy, recently told spoke with me about how he and his staff worked together to save as many jobs as possible. Watch the interview here in this Web extra.
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The Share Economy at Work
The U.S. economy has lost millions of jobs over the past year. And in order to avoid further layoffs, many organizations are asking employees to make painful sacrifices - wage cuts, fewer benefits, and unpaid leave. We'll explore this in a segment scheduled to air on the NewsHour Friday about the "share" economy.
At Boston's Beth Israel Deaconess Medical Center, more than 400 positions have been saved thanks to executives taking lower salaries and employees offering donations. The hospital's CEO, Paul Levy, recently told spoke with me about how he and his staff worked together to save as many jobs as possible. Watch the interview here in this Web extra.
