If taught young, self-control skills can have strong protective effects, even helping those whose vulnerabilities might make them more likely to fall behind economically. That’s according to Walter Mischel, author of “The Marshmallow Test,” in part four of his conversation with Paul Solman. Continue reading
Is saving money during the holidays smart or Scrooge-ish? Is shopping a way of forging social bonds and expressing your freedom or is it giving in to crass commercialism? Following the lessons of some "economist Christmas carols," economics correspondent Paul Solman weighs the economic and social theories of both sides. Continue reading
Explore a compendium of facts on Americans’ shortfalls in retirement savings, presented in graphic form. As should always be your habit with poll data, don’t try to take the actual numbers to the bank. But as rough approximations, we think … Continue reading
Paul Solman answers questions from NewsHour viewers and site visitors on business and economic news most days on his Making Sen$e page. Here’s Monday’s query: Name: Michael Cassady Question: Paul, If the U.S. consumer market is the economic driver of … Continue reading
Name: Michael Cassady Question: Paul, If the U.S. consumer market is the economic driver of the U.S. economy, and that of China too, with middle-class incomes stagnant, and consumer debt more controlled following the housing market bubble, how many jobs … Continue reading
Paul Solman speaks to the founder of an organization funding creative public service ads on saving money. You can listen to the audio or read the transcript of the segment here.