Question/Comment: Dear Mr. Solman, Is there an “economic event”, or re-discovery of economic history that can impact the incredible ideological stranglehold on the economics “profession?” In my opinion we have sacrificed rigorous econometrics on the altar of existence theorems, Diophantine … Continue reading
- When the Government Issues New Treasury Debt and Puts it into the Banking System, Does That Mean More Dollars in the World, and Thus Inflation?
Paul Solman: Several weeks ago, former Fed Chairman and economic boom cheerleader Alan Greenspan said this before Congress: “Those of us who have looked to the self-interest of lending institutions to protect shareholders’ equity, myself included, are in a state … Continue reading
Question/Comment: What can our government actually do to reduce extreme financial inequality after the fact (assuming that such reduction is desirable)? Once extreme wealth has been created, don’t those chosen “elite” have considerably more opportunity than the rest of us … Continue reading
The candidates continued their campaigns in the key battleground states of Indiana and Florida, attacking each other’s tax plans and promising to create new jobs. Spencer Michels recaps the latest campaign news. Continue reading
I received many responses on my segment on Los Alamos, N.M. the other night. I wanted to respond to some of them. No names are used because the emailers wrote to the NewsHour, not this page. There were several emails … Continue reading
- If the stock markets of the world all drop 10-20 percent simultaneously, are we as Americans significantly worse off?
Question/Comment: Would you please clarify something for me that I am struggling to understand? If the stock markets of the world all drop 10-20 percent simultaneously, are we as Americans, or any other nationality, significantly worse off? If, relatively speaking, … Continue reading
Question: First, it seems to me that FDR saved the traditional banking system. I’ve checked the account of the plan they came up with during the “bank holiday” in the second Schlesinger book and I think it bears out my … Continue reading
Question/Comment: Can you help explain how commodity exchanges and “commodity futures” and “index futures” work? Apparently both some members of Congress, and the Commodities Futures Trading Commission, are looking into how speculators affect oil and food prices. As the typical … Continue reading
In their third report, Margaret Warner and producer Simon Marks witness extreme wealth and poverty — and a technological boom — in Pakistan’s business capital, Karachi. Continue reading