economics

  • January 21, 2011   BY Paul Solman  

    Friday’s post consists of a Web chat with the Elvis of economics, the Ferlin Husky of finance, the Charlie McCoy of micro, the Jimmy Dean of the dismal science — star of the country-and-western macrocosm, investment adviser Jon Shayne who … Continue reading

  • January 21, 2011   BY Paul Solman  

    Friday’s post consists of a Web chat with the Elvis of economics, the Ferlin Husky of finance, the Charlie McCoy of micro, the Jimmy Dean of the dismal science — star of the country-and-western macrocosm, investment advisor Jon Shayne who … Continue reading

  • January 20, 2011   BY Paul Solman and Elizabeth Shell  

    In its heyday, it boasted nearly two million people, the world’s premier automobile industry, the world’s most popular music (Motown), and perhaps the country’s most prosperous black middle class. But Detroit’s population is down 50 percent, as are wages in … Continue reading

  • January 19, 2011   BY Paul Solman  

    Paul Solman answers questions from NewsHour viewers and web users on business and economic news most days on his Making Sen$e page. Here’s Wednesday’s query: Name: Sam Question: I immensely enjoy your segments on PBS. I am intrigued by the … Continue reading

  • January 18, 2011   BY Paul Solman  

    The Chinese currency debate has developed a new twist in recent months: Chinese inflation. The argument, made by Columbia University economics professor Geng Xiao in an updated story of ours running on Tuesday’s broadcast, is that the rise in Chinese … Continue reading

  • January 17, 2011   BY Paul Solman  

    Paul Solman answers questions from NewsHour viewers and web users on business and economic news most days on his Making Sen$e page. Here’s Monday’s query: Name: Sharon McDonnell Question: I am so very sorry we do not have a larger … Continue reading

  • January 7, 2011   BY Paul Solman  

    I was all set to label our monthly post on the unemployment data “Hold Your Horses” or “Not So Fast,” a warning not to overplay the apparently sizable drop in the official unemployment rate from 9.8 percent to 9.4. But … Continue reading

  • January 7, 2011   BY Paul Solman and elizabeth shell  

    Rounding out our series today, those of you considering strategic default might find particular encouragement from the web chat with law professor Brent White of the University of Arizona, who thinks it is both legally and morally okay. “It’s interesting … Continue reading

  • January 6, 2011   BY Paul Solman and elizabeth shell  

    More from the strategic default debate today. Economist Luigi Zingales of the University of Chicago, also in our original story, argues there are damaging spillover effects (“negative externalities”) when homeowners strategically default. “By walking away, not only do you damage … Continue reading

  • January 5, 2011   BY Paul Solman and elizabeth shell  

    We’ve been concentrating on the housing crisis over the past several days here on the Business Desk. For the rest of the week we’ll be focusing on the issue of strategic default. If you’re an underwater homeowner who can afford … Continue reading