Unemployment, inflation, poverty, exchange rates, monetary policy – everything that makes economics the ‘dismal science’ is made laughing stock with the macroeconomics edition of Yoram Bauman and Grady Klein’s “Cartoon Introduction to Economics.” Continue reading
With all the strife over public sector unions, including irate e-mails in response to our pension coverage on the program, we thought we’d lighten the mood today by sharing some recent political cartoons.
Insurer AIG is among the financial titans to hit troubled times in the recent Wall Street crisis. Paul Solman takes an in-depth look at the woes at AIG and explains how credit default swaps played a role its financial turbulence. Continue reading