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What Do 'Mama's Boys' Have to Do With the Euro Debt Crisis?

Feb. 17, 2012

Boaz Weinstein's This chart plots the relationship between the price of default insurance on selected European countries and their degree of male "boomerangness" -- what percentage of male adult children 25-34 live with their parents: the Mama's Boy Index.

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A Spanish Love Story of Family, Work and Emigration

Feb. 16, 2012

Spanish family In 2010 I visited Spain and stayed with Ana and Jose. Their family formed the basis of a story on the Spanish housing crisis. We replayed a few moments of that story the other day in a discussion of "accordion families" and "boomerang kids." Ana saw the story and sent us her reaction.

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The Astonishing Trend in Income Gains for the Very Rich

Feb. 15, 2012

Income Gains chart I began reporting on this trend back around 1990, when the PBS NewsHour was still The MacNeil/Lehrer NewsHour, and the red line (the top 1 percent) had yet to achieve liftoff. It's astonishing to see what's happened since.

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Boomerang Kids: When College Grads Move Back Home

Feb. 14, 2012

Katherine Newman Rather than finding an apartment with friends or buying a home of one's own, sociologist Katherine Newman tells us she has found that after graduation, more and more 20-somethings are returning to live with their parents.

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Covering the Eurozone's Financial Crisis

Feb. 13, 2012

Euro The 17-country monetary union known as the eurozone finds itself on precarious footing 13 years after the currency came into existence in 1999. European countries drowning in debt. Governments enacting austerity programs. Unemployment rising. Follow all of NewsHour's coverage of the eurozone financial crisis here.

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Is Social Security a Ponzi Scheme?

Feb. 10, 2012

Social Security cards Social Security was originally designed as a "pay-as-you-go" system in which each succeeding generation of workers is supposed to take care of the last. all workers are charged a "payroll" tax, as are their employers. (The employee half has been suspended again until Feb. 29.) That money is supposed to provide for today's retirees.

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FROM THE BROADCAST

'Accordion' Families Expand for Boomerang Kids, 'Parasite Singles' to Move Home

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Boomerang Kids: When College Grads Move Back Home Rather than finding an apartment with friends or buying a home of one's own, sociologist Katherine Newman tells us she has found that after graduation, more and more 20-somethings are returning to live with their parents.

'The Buyout of America' Author on Occupy Wall Street Protests A year ago July, we did a story on "private equity" featuring journalist Josh Kosman, who'd written a book, "The Buyout of America." Recently, on a visit to Zuccotti Park, we ran into Kosman and asked him about the Occupy Wall Street movement.

Ala.'s Sen. Beason on Aborigines, 'the Clip' We asked Ala. state senator Scott Beason about some comments he made which some have landed him in hot water.

The Ballad of a Would-Be, Too-Big-to-Fail Banker Our favorite country-western money manager, Harvard-trained Nashville econo-crooner Merle Hazard, has collaborated with brilliant lyricist Marcy Shaffer to produce his slickest video to date: the tuneful tale of a would-be banker who travels to Charlotte, N.C., to meet up with a mogul of modern-day finance, "Diamond Jim."

Leather Muppet to Stephen Colbert: You Are What You Eat Business and economics correspondent Paul Solman had a 'transformative' experience after Stephen Colbert poked fun at him during a recent episode of 'The Colbert Report.'