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2013 MAY
May 17, 2013
Blog
Inequality Today: Worse than a Century Ago?
Paul Solman explains how today's income disparity compares to the past. The theme of the presidential campaign of 1912 was economic inequality, he points out, but it's worse today and has been since the mid-1990s.


May 16, 2013
Blog
Economics, Game Theory and Jane Austen
A leading economist explains why game theory has become so important in economics, and how Jane Austen anticipated its results a mere 200 years ago.


May 15, 2013
Blog
Would a New 'Bretton Woods' Save the Global Economy?
Are the world’s central banks printing too much money? Does the global economy need coordination? Author Benn Steil examines what lessons can be learned from the 1944 Bretton Woods conference.


May 14, 2013
Blog
Ask The Headhunter: Am I Getting Stiffed on Salary?
How do you approach your boss to argue that you deserve a raise? Headhunter Nick Corcodilos explains what to do when an employer is taking advantage of experienced employees and how to get the salary that reflects your contributions.


May 13, 2013
Blog
Will Social Security Benefits Increase This Year? By How Much?
Social Security expert Larry Kotlikoff explains how benefits change along with inflation and weighs the potential implications of President Obama’s proposed “chained CPI” inflation measure.


May 10, 2013
Blog
The One Safe Investment and Why You Never Hear About It From Financial Advisors
Economist Zvi Bodie, perhaps the country's foremost expert on pension finance, insists that every American at least consider an investment that financial advisors almost never mention -- I Bonds.


May 9, 2013
Blog
Seven Tips for the Reluctant Senior Entrepreneur
Two "senior" entrepreneurs (women in their 50s) explain how to overcome the reluctance to start your own business when you're older. These days, entrepreneurship is simply self-reliance, they explain.

videoStreaming Video


May 8, 2013
Conversation
Treasury Secretary Lew on Long-Term Unemployment, Party Divide on Spending Cuts
In a conversation with economics correspondent Paul Solman, Treasury Secretary Jack Lew addresses jobs and economic growth -- issues paramount to most Americans -- as well the political fight over automatic spending cuts, the implementation of Dodd-Frank and reform on Wall Street.

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May 8, 2013
Blog
The Stockholm Syndrome and Printing Money
An economist argues we are headed for another stock market crash and Great Depression, due to the wanton printing of money by central banks like the Federal Reserve. Paul Solman provides a counterview.


May 7, 2013
Blog
Ask The Headhunter: Should Employers Pay to Interview You?
Ever feel like a company wasted your time after an interview because they never got back to you about their hiring decision? Headhunter Nick Corcodilos says that when employers ignore deadlines for hiring decisions, job seekers have a right to be compensated for their time.


May 6, 2013
Blog
How Underfunded Is Social Security and How Might It Be Fixed?
Social Security expert Larry Kotlikoff makes the case that the program is $220 trillion in the hole. Counter-expert Alicia Munnell disagrees, and shows how little it would take to fill the hole.


May 3, 2013
Report
Brutal Job Search Reality for Older Americans Out of Work for Six Months or More
Despite a rosier jobs picture in April, for Americans ages 55 or older who have been unemployed long-term, the prospect of finding work is greatly limited. Economic correspondent Paul Solman explores why older workers face joblessness and considerable financial strain.

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May 3, 2013
Analysis
April Hiring Increase Shows Signs of Economic Healing Despite Spending Cuts
April showered the U.S. economy with 165,000 new jobs, reducing the unemployment rate to 7.5 percent. And dramatic revisions of employment data from the past two months were also positive Jeffrey Brown analyzes the better-than-expected numbers with Lisa Lynch, former chief economist at the Labor Department.

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May 3, 2013
Blog
The Pros and Cons of Being a Jobless Single Dad for 711 Days
With only a slight improvement in April job numbers, Paul Solman talks with one of the 4 million Americans still unemployed, 55-year-old software developer and single dad Geoffrey Weglarz.

videoStreaming Video


May 2, 2013
Blog
What Are the Risks of Low Interest Rates?
When the Federal Reserve buys up Treasury bonds to keep interest rates low, is this risky? Paul Solman answers a reader's question on the potential consequences and explains why this Federal Reserve practice -- known as "quantitative easing" -- may not achieve its goal of lowering long-term or short-term rates.


May 1, 2013
Debate
U.S. Faces 'Real-Time Experiment' in Economic Recovery While Cutting Spending
As Europeans protested austerity for May Day, the Federal Reserve said it will continue to stimulate the U.S. economy, but expressed concern that spending cuts are restricting growth. Robert Kuttner of The American Prospect and economist Kevin Hassett join Judy Woodruff to debate the merits of austerity abroad and in the U.S.

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May 1, 2013
Report
News Wrap: April Showed Best Car Sales in Six Years
In other news Wednesday, April was the best month for car sales in six years. Ford's U.S. sales rose 18 percent, while Chrysler and GM saw an 11 percent raise. Also, a wave of bombings across Iraq killed at least 15 people. The attacks are just the latest in a surge of sectarian violence that erupted last month.

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May 1, 2013
Blog
Long-term Unemployment: Is This Blatant Age Discrimination?
Nick Corcodilos explains why employers continue to discriminate against older job seekers despite some companies' worries that they are losing out on the institutional knowledge and experience older workers can bring to the workplace.

APRIL
April 30, 2013
Blog
Ask The Headhunter: The Four Best (Not Easiest!) Ways to Land a Job
Nick Corcodilos breaks down the main differences between the "Ask The Headhunter" strategy and the traditional approach to job hunting.


April 29, 2013
Blog
How Long Must You Live To Make it Worth Waiting to Collect Social Security?
Larry Kotlikoff explains why you shouldn't bet on your life expectancy when determining the best age to start collecting Social Security benefits.


April 29, 2013
Analysis
Congress Seeks to Eliminate Perk of Online Shopping by Requiring Sales Tax
Proposed legislation in Congress could require consumers to pay sales tax for online purchases. Currently, states can only collect taxes from businesses that have a physical presence in their state. Gwen Ifill looks at the stakes and debate with Brian Bieron of eBay and the National Retail Federation's Rachelle Bernstein.

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April 26, 2013
Analysis
Global Standards for Garment Industry Under Scrutiny After Bangladesh Disaster
The Bangladeshi garment factory collapse is the worst disaster ever for the country's booming clothing industry. Ray Suarez discusses the role of Western retailers in keeping foreign workers safe with Avedis Seferian of Worldwide Responsible Accredited Production and Scott Nova of Worker Rights Consortium.

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April 26, 2013
Blog
The Truth About Entrepreneurs: Twice As Many Are Over 50 As Are Under 25
Entrepreneur Vivek Wadhwa argues it's never too late to innovate as new ideas stem from experience and necessity and experience comes with age.


April 25, 2013
Blog
Live Chat with 'Ask the Headhunter' Columnist Nick Corcodilos
"Ask The Headhunter" columnist Nick Corcodilos answers your questions about resumes, job searching, networking and more on our Making Sense page every Tuesday. On April 30, at 1 p.m. EDT, Nick will give you the chance to ask even more question during a one-hour live chat.


April 25, 2013
Blog
Will We Ever Get to 'Full Employment'?
Paul Solman explains what "full employment" is and how the measure of employment and unemployment has changed over time.


April 24, 2013
Blog
Why Older Entrepreneurs Are Crucial, Even in Silicon Valley
While young Zuckerbergs may have breakthrough ideas, it takes experience and leadership to develop successful companies. Entrepreneur Vivek Wadhwa explains why Silicon Valley's discrimination of older workers is a big mistake.


April 23, 2013
Blog
401 KO'd: Gambling with Your Retirement Plan
FRONTLINE's "The Retirement Gamble" brings us face to face with ... ourselves. Millions of Americans are on the verge of retirement without anything near enough money to stop working, and countless others in their 30s, 40s and 50s look destined to make many of the same mistakes their boomer counterparts did.

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April 23, 2013
Blog
Ask The Headhunter: Transitioning to Civilian Work Without a Resume
When military personnel try to break into the civilian job sector, it can be difficult to translate their skills to an employer on a resume. Headhunter Nick Corcodilos advises dispensing with resumes and instead talking shop with the people and companies they want to work with.


April 22, 2013
Report
A Boom in Entrepreneurship, Self-Employment Among Late Bloomers
Are mature entrepreneurs on the rise? Economics correspondent Paul Solman talks to older workers who decided to pursue their own business dreams later in life.

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April 22, 2013
Blog
How to Start a Senior Business for 'Dummies'
Senior entrepreneur and mannequin-rental maven Judi Henderson-Townsend describes how she casually came to start an unusual business selling and renting dummies in San Francisco.


April 22, 2013
Blog
Why You Should Never Wait Until After 70 to Take Social Security
Social Security expert Larry Kotlikoff make his case for waiting to collect Social Security benefits, but warns NEVER to wait past age 70.


April 19, 2013
Blog
Why Paul Krugman, Others Think Reinhart and Rogoff Are Wrong About Debt
Paul Solman suggests four lessons learned from the high profile debate over the Carmen Reinhart/Ken Rogoff's government debt research.


April 18, 2013
Blog
World Bank President: Climate Change Is Urgent 'Today' Problem
Thursday on the NewsHour, World Bank president Jim Yong Kim speaks with Jeffrey Brown about a new initiative to address extreme poverty around the world. In an extended conversation, Kim also addressed the urgency of climate change and how World Bank is working to combat its effects.

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April 18, 2013
Blog
The Chosen Few: A New Explanation of Jewish Success
Why are the Jews specialized in the most skilled and economically profitable occupations? Economists Maristella Botticini and Zvi Eckstein explain Jewish success in terms of early literacy and history.


April 17, 2013
Blog
Ten Tips for Senior Entrepreneurs
"Seniorpreneurs" Judi Henderson-Townsend and Cynthia Mackey both left their jobs in corporate America to start new ventures. Here are their 10 tips on launching successful businesses later on in your career.


April 16, 2013
Blog
Ask The Headhunter: How to Talk to the Boss Before and After Getting Hired
Headhunter Nick Corcodilos advises job seekers to be proactive by communicating with potential employers in between interviews and gives helpful tips on coaxing employers to provide job performance feedback.


April 15, 2013
Blog
The Income Tax in 1913: A Way to 'Soak the Rich'
When a permanent income tax was established in 1913, nearly 60 percent of Americans were exempt from paying. Paul Solman gives a quick history on the income tax and how it originally "soaked the rich."


April 15, 2013
Blog
Are Income Taxes on Social Security Benefits Egregiously Unfair?
Ever wonder how Social Security is taxed? Social Security expert Larry Kotlikoff explains the "simply insane" and "egregiously unfair" taxation of Social Security benefits.


April 12, 2013
Analysis
In Simplifying Tax Code, How Do We Get Back to Fundamental Values?
With tax day looming, tax reform is in the air. In his budget, President Obama introduced several proposals aimed at simplifying the tax code. David Cay Johnson, columnist for Tax Analysts magazine, and economist Douglas Holtz-Eakin join Jeffrey Brown to discuss different strategies and whether real tax reform is possible.

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April 12, 2013
Blog
Does Obama Have it Right or Wrong on Social Security?
A round table of economic experts weigh in on the impact of the President's new budget proposal on Social Security benefits.


April 11, 2013
Blog
What do You Think About Obama's Proposal to Reduce Social Security?
President Barack Obama's proposed budget includes a decrease in cost-of-living adjustments for Social Security. What do you think? Should the president leave Social Security alone? Or is his approach necessary to tame the deficit?


April 11, 2013
Blog
The Hard Truth about Economic Inequality that Both the Left and Right Ignore
Economic historian Jerry Muller argues that the way we choose a mate contributes to the growing economic inequality. He believes your financial fate could be determined by who you choose as a partner, if you decide to get married and your family unit.


April 10, 2013
Report
At Rikers Island, Investing in Decision-Making Lessons for Teens in Trouble
Economics correspondent Paul Solman reports on efforts to keep young people from returning to New York's Rikers Island once they've served their time. A privately financed pubic program utilizes evidence-based behavioral therapy to imbue teens with a sense of greater control over their lives and decisions.

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April 10, 2013
Blog
Self-Censorship on Chinese TV: An American Comedian's Experience
When asked to perform his parody of "Gangnam Style" for Chinese TV, Fulbright fellow Jesse Appell received instructions to censor the lyrics of his YouTube hit. Appell explains the economic reasons for why Chinese TV stations preemptively censor content before the government.


April 9, 2013
Report
Private Investors Put Money on Decreasing Teen Recidivism Rate
Rikers Island prison houses 88,000 inmates a year, many of whom are repeat offenders. In an effort to decrease the teen recidivism rate, high finance and do-good innovation have made an unlikely partnership. Economics correspondent Paul Solman explores a new way to fund government social services through private investment.

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April 9, 2013
Blog
Ask the Headhunter: How New Grads Can Get in the Door for a Job Interview
Young people graduate from college in search of jobs, only to be rejected for a lack of experience. Headhunting expert Nick Corcodilos explains how to combat age discrimination at the start of a career.


April 8, 2013
Blog
Is There a Maximum a Husband & Wife Can Collect Monthly from Social Security?
Social Security expert Larry Kotlikoff explains the family benefit maximum and how to maximize spousal benefits.


April 5, 2013
Report
Journalists Expose Trove of Hidden Offshore Bank Accounts Around the World
Around the world, government officials and individuals use offshore accounts to hide their wealth and evade heavy taxes. Hari Sreenivasan talks to Gerard Ryle, director of the International Consortium of Investigative Journalists, about the findings of a massive cross-border collaborative investigation.

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April 5, 2013
Analysis
Is New Technology Chipping Away at Scope of the American Workforce?
Does new or increased use of technology have a hand in disappointing job growth? Jeffrey Brown takes a closer look at the March numbers and some key longer-term job market trends with Lisa Lynch, former chief economist at the Labor Department, and Andrew McAfee of MIT's Center for Digital Business.

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April 5, 2013
Analysis
Discouraging Jobs Report Raises Fear That Recovery May Be Slowing Down
A disappointing jobs report has sparked fears of a slowing recovery. Although the unemployment rate dipped slightly, that reduction was attributed to people retiring or who had stopped looking for work. Judy Woodruff reports on why the job market in March took a sharp decline from the past two months.

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April 5, 2013
Blog
How Dismal Were March's Job Numbers?
Paul Solman analyzes the March summary of unemployment data using his own unpatented measure called "U-7." Despite a lackluster 88,000 jobs added, Solman says the negative spin by mainstream media is overblown.


April 5, 2013
Blog
Why Saving for a Rainy Day is Pointless -- For the Economy
In retort to libertarian John Papola's advice to save for investment purposes, economic historian James Livingston says delaying consumption could have a negative impact on the general welfare.


April 4, 2013
Blog
A Libertarian Take on Economic Faith, 'Facts' and Follies
Filmmaker John Papola challenges economic historian James Livingston's opinion on savings versus spending. In his latest response in the debate, Papola believes "increased consumption is never a path to prosperity, but a result of it."


April 3, 2013
Blog
The Plusses and Pitfalls of Teaching Online
Behavioral psychologist and professor Dan Ariely explains the benefits and challenges of teaching an economics course online, especially when his class size is 140,000 students.


April 2, 2013
Blog
Ask The Headhunter: Why HR Should Get Out of the Hiring Business
Headhunter Nick Corcodilos offers advice to employers who want to hire talented workers that match their job description. His top tip: Take HR out of the recruiting and hiring process.


April 1, 2013
Blog
What to Do If Social Security Says You Can't File and Suspend
Social Security expert Larry Kotlikoff addresses readers' questions on what to do after being told you can't file for Social Security and provides suggestions on when you should choose to suspend benefits.

MARCH
March 29, 2013
Blog
The Economic Benefits of Gay Marriage
Economist Lee Badgett lays out the financial bottom line of same-sex marriage and how it could be a driver for the economy.


March 28, 2013
Update
Southeastern Virginia's Military Industry Feels Effects of Sequester
While the sequester debate continues in Washington, communities in parts of the country are already feeling the automatic budget reductions. Cathy Lewis of WHRO reports from Southeastern Virginia on how furloughs and cutbacks could affect the backbone of the local economy.

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March 28, 2013
Blog
High Foreign Tariffs on US Surfboards: Should We Retaliate?
Harvard economist Robert Lawrence sets the record straight on protectionist tariffs and makes his case for freer trade.


March 27, 2013
Blog
The Death of Dishonest Advertising
Co-host of NPR's "On the Media" and longtime advertising columnist Bob Garfield talks about the dark side of the digital revolution and the squeeze on journalism. The bright side is brands no longer try to manipulate the public to win over consumers.


March 26, 2013
Analysis
Housing Market Shows Fastest Rate of Recovery Since Before the Crash
New reports show a spike in U.S. home prices, rising at the fastest pace since 2006. To learn what's driving this recovery, Hari Sreenivasan talks with Nicholas Retsinas of the Harvard Business School.

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March 26, 2013
Blog
Ask The Headhunter: Dealing With an Undeserved Nasty Reference
Headhunter Nick Corcodilos explains how to preempt a negative reference and what you can do to proactively compensate for undeserved nastiness.


March 25, 2013
Report
Local Businesses Help Refresh Irish Economy After Global Recession
Ireland was hit hard during the global recession, suffering dramatic job losses and a mass exodus of skilled workers. Though the Irish are still cautious, a recovery is being driven by locally grown businesses, startups and new takes on heritage industries. Ray Suarez reports from Dublin on pioneering businesses sprouting up.

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March 25, 2013
Analysis
Cyprus Bank Crisis Raises Questions of Fairness, Precedent for Eurozone Members
Although Cyprus has agreed to the terms of a bailout from eurozone partners, concerns loom that a wave of bankruptcies could rock the country. Margaret Warner talks to The New York Times' Liz Alderman from Nicosia for more on the bailout, the makeup of the Cypriot economy and how citizens have been coping.

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March 25, 2013
Report
Cyprus Avoids Potential Bankruptcy Plunge After Agreeing to Bailout Terms
Under crippling financial strains and with bankruptcy on the horizon, Cyprus agreed to a bailout from its eurozone partners. Margaret Warner reports on the bailout deal totaling $13 billion, as well as the mixed reactions from neighboring countries.

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March 25, 2013
Blog
Social Security Benefits to Take While You Wait Until 70
Social Security expert Larry Kotlikoff answers reader's questions on why it pays to wait until age 70, and how to maximize social security benefits in the meantime.


March 22, 2013
Blog
Economic Inequality: Isn't it Inevitable?
Paul Solman answers reader's questions on why equal opportunity doesn't necessarily mean equal economic opportunities. Plus, he provides tips on the ever-increasing price of bonds.


March 21, 2013
Report
Is Globalization Wiping Out the American Surfboard Industry?
Economic correspondent Paul Solman reports on an American-born product hit hard by globalization: the surfboard. In Southern California, U.S.-based manufacturers fear they will soon be wiped out by competing, foreign companies due to discrepancies in labor costs and duty taxes.

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March 21, 2013
Report
News Wrap: February Was Best Month in Three Years for Increase of Home Sales
In other news Thursday, housing sales were up 0.8 percent in February 2013, the fastest increase in three years. The rise was attributed to record-low mortgage rates and job growth. In Syria, a suicide bomber hit a mosque in Damascus, killing at least 42 people including a top Sunni cleric who supported President Assad.

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March 21, 2013
Blog
Cyprus: The Nightmare Scenario and How to Avoid It in America
Social Security expert Larry Kotlikoff is also an economist renowned for bold public policy proposals. When he looks at the financial crisis in Cyprus, he sees enormous risk -- and a golden opportunity to reform the world's banking system.


March 20, 2013
Blog
Silicon Valley Discriminates Against Women, Even If They're Better
Entrepreneur Vivek Wadhwa reveals his latest findings on the "myth of meritocracy" in Silicon Valley, and how women are systematically discriminated against. He tells Making Sen$e correspondent Paul Solman about his plans to change the Valley.


March 19, 2013
Blog
Ask The Headhunter: How to Overcome Missing Job Requirements
Headhunter Nick Corcodilos provides tips on separating yourself from the crowd when interviewing for a job that could be a perfect fit.


March 18, 2013
Report
Colleges and Universities See Graying Workforce Holding On to Coveted Positions
In academia, many professors remain working and teaching long past traditional retirement age, leaving younger potential professors shut out from highly coveted full-time, tenured positions. As part of a series on older workers, economics correspondent Paul Solman reports on how institutions are negotiating with aging faculty.

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March 18, 2013
Analysis
Will the Banking Crisis in Cyprus Rock Other Markets?
Off the coast of Greece, the small nation of Cyprus is facing big economic problems. Judy Woodruff interviews Jacob Kirkegaard of the Peterson Institute for International Economics on the magnitude of the banking crisis in Cyprus and how it may be causing aftershock effects in others markets.

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March 18, 2013
Report
In Cyprus, Banking Crisis Prompts Government to Tax Citizen Savings
The small island of Cyprus, with a population of just over a million people, is facing a crippling banking crisis. While the banks will get some bailout money, individuals there will also be taxed on their savings. Emma Murphy of Independent Television News reports from Nicosia on the outrage from citizens.

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March 18, 2013
Blog
When Will You Retire?
The population of professors over 65 has more than doubled since 2000 and many say they have no plans to retire anytime soon, if ever. This prompted PBS NewsHour to want to know from you: how long do you plan to work before you retire? Take our survey.


March 18, 2013
Blog
How to Take Social Security If You Earn a Lot More than Your Spouse
Do you make significantly more than your spouse? Social Security expert Larry Kotlikoff explains that you may want to consider a couple of strategies to ensure you both maximize your Social Security benefits.


March 15, 2013
Analysis
Former JP Morgan Executive Deflects Blame for Billion Dollar Mistake
Ina Drew, the former J.P. Morgan Chase executive who resigned after that bank made a billion dollar trading error, faced a Senate hearing Friday, where she testified she had been a diligent manager but had been lied to by subordinates. Ray Suarez talks with Bloomberg News' Dawn Kopecki who attended the hearing.

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March 15, 2013
Blog
Senior Moments Author: Does Forgetfulness Drive the Economy?
“Senior Momentologist” Tom Friedman explains what pandemic amnesia is and how “senior moments” may lead to economic growth.


March 14, 2013
Conversation
Michigan Gov. Puts Detroit Under Emergency Fiscal Management
Michigan's Gov. Rick Snyder announced an emergency financial manager will take over Detroit's finances. The city has faced economic struggles as residents and businesses left for suburbs and it saw reductions in state aid. Margaret Warner talks to Gov. Snyder and Detroit's new financial manager, Kevyn Orr, about the plan.

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March 14, 2013
Blog
How Modern Finance Promises to Break Cycles of Recidivism
When U.K. investors no longer wanted to separate philanthropy from investments, they began buying up newly-created social impact bonds, which tied return on investment to an organization's ability to solve social problems. Rockfeller Foundation's Judith Rodin explains why this is a win for investors, governments and society.


March 13, 2013
Blog
Three Rules for How to Get the Highest Social Security Benefits
Social Security provisions are so nuanced and difficult to understand that they are sure to make anyone go mad. That's why Larry Kotlikoff has three general rules, which if followed, can help maximize Social Security benefits without the headache.


March 12, 2013
Blog
Premium Job Board Sued for Promising Customers Jobs That Don't Exist
Headhunter Nick Corcodilos reveals how some scammers may be taking advantage of job seekers through misleading job postings. Following the consumer protection class action suit filed Monday against a job board, TheLadders, Corcodilos questions whether the recruiting systems have become the root cause of the unemployment problem.


March 11, 2013
Blog
How a 'Start-Stop-Start' Strategy Can Maximize Your Social Security Benefits
Social Security expert Larry Kotlikoff explains the "Stop-Start-Stop" Social Security claiming strategy and whom it may benefit. By using this strategy, some married couples may take better advantage of the delayed retirement credit.


March 8, 2013
Analysis
How Will Employment, Earnings Change as U.S. Job Market Recovers?
The job market in February 2013 made significant gains, posting the best job report in four years. Diane Swonk, chief economist for Mesirow Financial, and Daniel Gross, business columnist for Newsweek and The Daily Beast, join Ray Suarez to discuss which sectors are hiring and how the American workplace is changing.

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March 8, 2013
Analysis
February Brings Drop in Unemployment, Best Job Report in Four Years
Things are looking up for job seekers. The February 2013 jobs report showed the addition of 236,000 jobs and the unemployment rate dropped to 7.7 percent, making it the best report in four years. Ray Suarez examines the data and which sectors are growing.

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March 8, 2013
Blog
Is It Inevitable That the United States Will Default?
With all the talk of the fiscal cliff and the sequester, Paul Solman responds to a reader who wants to know if the economic dominoes are likely to fall, causing a government default, and he weighs in on why the NewsHour rarely reports on other stock indexes besides the Dow Jones.


March 8, 2013
Blog
Companies Hire 236,000 in February, But Long-Term Unemployment Unchanged
Is the jobs report for February as encouraging as advertised? Paul Solman breaks down the numbers with his own unique measurement of underemployment and unemployment.


March 7, 2013
Blog
The Depressing Data on Early Childhood Investment
Paul Solman talks with child psychologist Jerome Kagan about the widening achievement gap between affluent and poor children. They explore how an interest in learning from kids' homes can make all the difference, while Kagan explains that American society has often been reluctant to blame parents for not being more involved.


March 6, 2013
Blog
The Nonsense of Austerity
James Livingston responds to an earlier Making Sense post, challenging the libertarian-leaning John Papola's confidence in production as a more effective economic stimulant than consumption. The problem is not that there aren't goods being produced, he argues; it's that there's a lack of income with which to consume those goods.


March 6, 2013
Blog
Consuming Our Way to Prosperity is Macro Folly
Libertarian economist John Papola takes on Keynesian economists who have fallen for a consumptionist model of economic growth, arguing that we can't consume our way to prosperity. We have to stop thinking of ourselves as consumers only and start thinking of ourselves as producers again, he says.


March 5, 2013
Analysis
Dow Jones Industrial Average Closes at All-Time High
The Dow Jones Industrial Average hit an all-time high of 14,253, beating the previous record set in October 2007, before the crash. What's behind the market rally and does it signify a healthy economic rebound? Gwen Ifill gets analysis from Quartz's Matthew Phillips and Barry Ritholtz, CEO of online research firm Fusion IQ.

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March 5, 2013
Blog
Ask The Headhunter: Resume Blasphemy
Headhunter Nick Corcodilos urges job seekers to write their own resumes, in plain ol' English, so that potential employers can see how candidates would be profitable additions to their companies.


March 4, 2013
Blog
Remembering the Businessman Who Took a Chance on Ex-Cons
Paul Solman remembers John Neu, a businessman who took chances on convicted criminals by hiring them at his recycling company, WeRecycle.

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March 4, 2013
Blog
How Unfair Is Social Security's Maximum Family Benefit?
Social Security expert Larry Kotlikoff looks into his own misgivings about the arbitrary and regressive nature of Social Security's maximum family benefit and just what the Social Security Administration means by a "maximum" benefit.


March 4, 2013
Blog
Obama, Boehner Look Ahead to Next Budget Deadline
The next budget deadline is a little more than three weeks away, but President Obama and congressional Republicans appear no closer to resolving their differences that produced a stalemate over $85 billion in automatic spending cuts that kicked in last week.

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March 1, 2013
Analysis
Detroit Faces State Takeover After Governor Declares Fiscal Emergency
Gov. Rick Snyder of Michigan declared a state of fiscal emergency for Detroit, which is facing a deficit of more than $300 million and a possible state takeover. To learn more about this move and why it has been years in the making, Judy Woodruff talks with Christy MacDonald from Detroit Public Television.

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March 1, 2013
Blog
Is Obama's Climate Change Policy Doomed to Fail? Maybe Not.
Until there is an obvious, sudden and perhaps cataclysmic event, such as a loss of part of the Antarctic ice sheet, the odds would seem to be stacked heavily against climate change legislation, says Harvard's Rob Stavins. But the picture is not nearly so dark as one might think.


March 1, 2013
Blog
Lawmakers Head for Exits As Sequester Deadline Arrives
A day after competing proposals failed in the Senate, the focus of official Washington on Friday will turn to the White House, where President Obama and top congressional leaders are scheduled to sit down and discuss the $85 billion in automatic spending cuts that are set to kick-in before day's end.

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FEBRUARY
Feb. 28, 2013
Blog
Why We Want to Keep Spending and Cut the Deficit
How can Americans want to maintain or increase spending on almost every line item in the budget (except foreign aid) and yet insist we need to cut the yearly deficit and cumulative debt?


Feb. 28, 2013
Blog
Lessons from the Political Gridlock of 1842
A day before the sequester, could legislators be any more hindered by partisan politics? Think again. Budgetary gridlock was even worse in 1842, as the nation battled over the creation of a central bank and tariffs. Alasdair Roberts revisits the brink of a financial disaster that led to the public disgust of Washington.


Feb. 28, 2013
Blog
Despite Votes Today, Sequester Deadlines Will Come and Go
President Obama and congressional leaders will huddle Friday, after automatic cuts to defense and domestic spending will have already kicked in, in a last-ditch attempt to negotiate a solution. But before that takes place, Senate lawmakers will vote Thursday on competing Republican and Democratic plans to address the sequester.

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Feb. 27, 2013
Debate
Will Yahoo! Ban on Employee Telecommuting From Home Ensure Innovation?
Yahoo! CEO Marissa Mayer announced that employees cannot work from home, sparking debates on whether that ban will really help productivity or innovation. Joining Gwen Ifill to discuss Yahoo!'s decision is John Sullivan of San Francisco State University and Micheline Maynard of Forbes.

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Feb. 27, 2013
Blog
Why the Sequester Won't Solve America's Debt Problems
While Congressional leaders squabble about the sequester, scheduled to take effect March 1, Making Sense contributor Larry Kotlikoff says that the United States has bigger financial problems that could affect generations to come.


Feb. 26, 2013
Analysis
Fed Chair Bernanke Warns Lawmakers Sequester Could Slow Economic Recovery
Federal Reserve chairman Ben Bernanke warned Congress that the automatic spending cuts slated to take effect Friday could put a drag on economic growth. Gwen Ifill talks to economist Nariman Behravesh about whether political paralysis will affect the economy and how consumers are shrugging off Washington dysfunction.

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Feb. 26, 2013
Blog
Ask The Headhunter: The Only Interview Question That Really Matters
Headhunter Nick Corcodilos tells employers (and potential employees) about the most important job interview question out there. Plus, he explains how this question can help weed out lazy job hunters even before an interview occurs.


Feb. 25, 2013
Report
News Wrap: Italian Political Instability Prompts Wall Street Tumble
In other news Monday, Wall Street saw a late afternoon sell-off caused by worries over instability in Europe and reports that Italy may not be able to form a new government. Also, a civil trial began in New Orleans over liability for the Gulf oil spill.

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Feb. 25, 2013
Blog
Why Not Raise the Social Security Payroll Ceiling and Other SS Questions
Social Security expert Larry Kotlikoff answers readers' questions, including why raising the payroll tax ceiling must occur to "fix" Social Security, and a slew of questions from federal and public employees confused by government pensions' effects on Social Security and disability benefits.


Feb. 22, 2013
Blog
It Pays Off to Invest in Early Education, Says Nobel Economis
President Obama has proposed a major investment for early childhood education to improve American competitiveness. And Nobel Prize-winning economist James Heckman agrees. He says investing in kids before age 10 can increase their IQs as well as their chances for economic prosperity.


Feb. 21, 2013
Blog
How to Find a Financial Advisor, Step by Step
Finding a financial advisor that you can trust is tricky and difficult, especially when there are so many claiming they can increase your investments. Pension expert Zvi Bodie says you should make sure to choose an advisor who puts your interests first, and avoid advisors whose services are 'free.'


Feb. 20, 2013
Conversation
Defense Secretary Panetta Warns Automatic Spending Cuts Could Mean Furlough
Automatic spending cuts will take effect in March if a budget deal cannot be reached. Defense Secretary Leon Panetta has said he may resort to furloughing the department's civilian workers. Judy Woodruff assesses what the cuts would mean for the U.S. military with Ashton Carter, deputy secretary of defense.

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Feb. 20, 2013
Blog
How Social Security Pays You to Work Forever
Our Social Security expert, Larry Kotlikoff, explains why it's a smart financial move to put off retirement as long as possible in order to maximize your Social Security benefits.


Feb. 19, 2013
Blog
Ask The Headhunter: How to Ask For a Higher Job Offer
So you get a job offer, but you think that you deserve more? Headhunter Nick Corcodilos explains how to convince an employer to increase their original offer.


Feb. 18, 2013
Blog
How to Maximize Social Security If Disabled and Other SS Questions
Social Security expert Larry Kotlikoff answers readers' questions about how disability insurance impacts Social Security benefits, how applying for a reduced spousal benefit can lead to reduced retirement benefits and whether taking U.K. and U.S. Social Security benefits is double-dipping.


Feb. 15, 2013
Blog
Wouldn't a Minimum Wage Hike Lower the Welfare Rolls?
Paul Solman answers Next Avenue readers' questions about whether a minimum wage hike would induce people to leave welfare, and whether such a hike would increase the government's tax revenue


Feb. 14, 2013
Analysis
What Does the $11 Billion Dollar Airline Merger Mean for the 'Friendly Skies'?
American Airlines and US Airways announced Thursday the two companies will merge, creating the world's largest airline. The price tag for the deal is $11 billion. Holly Hegeman, airline industry analyst, and Charlie Leocha, director of the Consumer Travel Alliance join Jeffrey Brown to discuss the merger in-depth.

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Feb. 14, 2013
Report
American Airlines and US Airways Merge to Become World's Largest Airline
American Airlines and US Airways announced Thursday that the two companies will merge, creating the world's largest airline. The $11 billion deal will affect some 187 million passengers who fly the two airlines annually. Jeffrey Brown has the latest on the new alliance.

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Feb. 14, 2013
Blog
American Airlines-U.S. Airways Merger By the Numbers
The boards of American Airlines and U.S. Airways voted late Wednesday for an $11 billion deal to merge the two carriers. The result would make the combined airline -- retaining the name American Airlines -- the largest in the world.


Feb. 14, 2013
Blog
The Man and the Thinking Behind the Minimum Wage Hike
President Obama is pushing a controversial hike in the minimum wage. It is surely no coincidence that his chief economic advisor is Alan Krueger, an economist who became famous in the 1990s for research supporting minimum wage hikes. But don't higher wages mean fewer jobs? Krueger explains at length why they don't.


Feb. 13, 2013
Blog
Obama Says We Must Never Default: American History Shows Us Why
President Obama says America must never default. Maybe that's because he remembers what happened when Pennsylvania did. And Illinois. And Maryland. And Mississippi still hasn't paid its debts from 1842. Law professor Alasdair Roberts recounts how states decided they could no longer operate with budget deficits.


Feb. 12, 2013
Blog
What Flew and What Flopped Among Obama's 2012 SOTU Proposals?
President Obama put forth a set of liberal policy items focused on economic innovation and restoring the American economy in his 2012 State of the Union speech, ushering in an election year when economic health seemed preeminent in the minds of voters.


Feb. 12, 2013
Blog
Ask The Headhunter: Networking for People Afraid of Being Obnoxious
Headhunter Nick Corcodilos advises job-seekers to maintain their personal contacts and build a network face-to-face within the office to get ahead of companies' internal hiring processes.


Feb. 12, 2013
Blog
Obama to Focus on Economy in State of the Union Address
President Obama will deliver his fourth State of the Union address Tuesday evening, laying out the policy pieces to fill in the sweeping vision he put forward at his second inauguration a little more than three weeks ago.


Feb. 11, 2013
Blog
Ask Larry: What's the Best Age to Take Spousal or Survivor Benefits?
Social Security expert Larry Kotlikoff answers readers' questions about when to take survivor or spousal benefits and how to maximize their own Social Security benefits.


Feb. 8, 2013
Blog
We Shouldn't Give a Cent About the American Penny
Paul Solman answers questions from Next Avenue readers about what the U.S. Mint can learn from Canada about the penny and why Germany is pulling their gold from the New York Fed.


Feb. 7, 2013
Blog
The Youth Unemployment Crisis: A Fix that Works and Pays for Itself
Economist Bob Lerman proposes a solution to the youth unemployment crisis in the United States arguing the quickest way to getting unemployed kids off the streets and onto the payroll is through work apprenticeships.


Feb. 6, 2013
Report
Citing Financial Woes, U.S. Postal Service Announces End of Saturday Delivery
Neither snow nor rain nor heat nor gloom of night may prevent the Post Office from its appointed duties, but budget cuts will. The United States Postal Service announced it will stop Saturday delivery in August 2013. Jeffrey Brown talks with Postmaster General Patrick Donohue about the implications of this decision.

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Feb. 6, 2013
Blog
What Good Do Money Management Firms Have to Offer?
When a feline can pick stocks better than a human, money manager Jon Shayne argues there are still very good reasons to have money management firms actively pick stocks and invest your money.


Feb. 5, 2013
Report
Justice Department Charges Standard & Poor's Defrauded Investors
The Justice Department filed a lawsuit against Standard & Poor's, claiming it committed fraud by inflating mortgage ratings between 2004 and 2007, helping fuel the financial crisis. Jeffrey Brown examines both sides of the case with Illinois Attorney General Lisa Madigan and Floyd Abrams of Cahill, Gordon & Reindel.

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Feb. 5, 2013
Report
News Wrap: Computer Maker Dell Goes Private After Decades of Public Trading
In other news Tuesday, personal computer maker Dell announced it was buying out its shareholders and going private, due to shrinking demand for PCs and the rise of tablets and smartphones. Also, the British House of Commons voted to legalize same-sex marriage.

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Feb. 5, 2013
Blog
Ask The Headhunter: Should I Reject a Counter-Offer from My Employer?
Flattered that your employer has offered you more money to dissuade you from taking another job? Headhunter Nick Corcodilos urges employees who have submitted their resignations to resist the temptations of a counter-offer from their current employers.


Feb. 4, 2013
Blog
How Maximizing Social Security Can Lead to Marriage or Murder
"Ask Larry" Kotlikoff takes a week off from answering readers' questions to sketch a macabre scenario illustrating a few of Social Security's more perverse benefit quirks.


Feb. 1, 2013
Report
News Wrap: Obama Administration Announces New Rules for Contraceptive Coverage
In other news Friday, the Obama administration announced that faith-based non-profits like hospitals and universities won’t be forced to provide coverage for contraceptives in their insurance plans. Also, the economy grew in the first month of 2013, but not enough to change the unemployment rate.

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Feb. 1, 2013
Blog
U.S. Economy Adds 157,000 New Jobs in January, Unemployment Ticks Up Slightly
The Bureau of Labor Statistics released the jobs numbers for January reporting that the official unemployment rate rose slightly to 7.9 percent, while 157,000 new jobs were added. Paul Solman breaks the numbers down, including his more inclusive "Solman Scale."

JANUARY
Jan. 31, 2013
Report
News Wrap: Senate Votes to Suspend Debt Limit Until May
In other news Thursday, the Senate voted to suspend the debt limit through mid-May 2013, allowing the government to continue borrowing to pay its bills. Also, American personal incomes hit an eight-year high in December 2012.

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Jan. 31, 2013
Blog
Why the 'Sandwich Generation' Pays When Young Adults Can't Find Jobs
A new Pew Research Center report examines the financial burdens of the so-called "Sandwich Generation," middle-aged Americans financially "sandwich" between rising pressure to support both aging parents and their grown-up children.


Jan. 31, 2013
Blog
Rising Inequality: Don't Blame the Robots
Rising inequality is hardly inevitable, argues Center for Economic and Policy Research co-founder Dean Baker; Rather, it has been engineered by a U.S. trade policy that overloads the low-paying job market with competition and protects Americans in the highest-earning professions.


Jan. 30, 2013
Analysis
Despite Fall in GDP, U.S. Economic Fundamentals Show Forward Momentum
A report by the Commerce Department found that in the last quarter of 2012, gross domestic product shrank for the first time in more than three years. But not all economic indicators were negative. Jeffrey Brown assesses the state of the economic recovery with economist Joel Naroff and Roben Farzad from Bloomberg Businessweek.

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Jan. 30, 2013
Blog
The Economics of Spam and What's So Funny About Monetary Policy?
Paul Solman samples more comedy routines from the American Economic Association Humor Session, with videos exploring the economics of spam and who's funnier at the Fed: inflation hawks or inflation doves?

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Jan. 29, 2013
Blog
Ask The Headhunter: What To Do When Your Job Offer Is Cancelled
Do employers have a right to fire people? Of course they do. Can they legally offer you a job, then cancel it? That remains a question that Nick Corcodilos explores in his column this week.


Jan. 28, 2013
Blog
Can Your Employer Fire You Over a Facebook Posting?
What is your company's social media policy? How should it change? Howard Kurtz and Lauren Ashburn of Daily Download join Christina Bellantoni for a discussion about how the rapidly evolving digital world is affecting the workplace.


Jan. 28, 2013
Blog
Ask Larry: Has My Social Security Office Given Me Bad Advice?
Social Security expert Larry Kotlikoff suspects that many people receive bad advice from their local Social Security offices. Plus, answers to readers' questions about collecting spousal benefits after getting divorced.


Jan. 27, 2013
Blog
Finding an Economic, Environmental Win-Win in Davos
One of the topics that's come to the fore at the World Economic Forum over the last decade of meetings is global climate change. A conference bringing thousands of people from across the planet to a little town in the Swiss Alps can't be too self-righteous. At the same time it is making efforts to be green. Green-er, anyway.


Jan. 27, 2013
Blog
Big Ideas in Davos
Thirty heads of state and government and 2,500 business and academic elite hammer out ways to fend off new storm clouds hanging over the global economy at the World Economic Forum.


Jan. 25, 2013
Analysis
At World Economic Forum, Talk of Future of European Union and the Euro
As the World Economic Forum convened for its annual conference in Switzerland, Hari Sreenivasan talks to Ray Suarez from Davos about one of the biggest topics of discussion: the European Union and the economic future of its member states, especially the United Kingdom and Germany.

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Jan. 25, 2013
Blog
Is the National Debt Harmful to Our Children?
Answering a query from a Next Avenue reader, Paul Solman looks at whether widening budget deficits will be a burden or an asset to future generations of Americans.


Jan. 24, 2013
Blog
Notes From Davos, Day Two: UK Reconsiders Relationship With EU
Thursday at the World Economic Forum brought a lot of talk about money, politics, and the way politics presses on what money is worth and who has it to spend. Earlier this week British Prime Minister David Cameron made a splash by announcing his intention to put his country's continued membership in the European Union to a vote.


Jan. 24, 2013
Report
Is China's Fast-Growing Economy Headed for a Crash?
Will the Chinese economy continue its torrid pace of growth and overtake the U.S.'s top status? Or is it a bubble destined to burst, taking the world economy down with it? Paul Solman interviews a highly-respected China "bull" and a prominent China "bear" as part of his ongoing Making Sen$e project.

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Jan. 24, 2013
Report
News Wrap: Obama Announces Two Nominations for Heads of Regulatory Agencies
In other news Thursday, President Obama nominated former U.S. Attorney Mary Jo White to chair the Securities and Exchange Commission, and Richard Cordray to the Consumer Financial Protection Bureau. Also, the U.S. Senate agreed to limit the use of filibusters, including restricting time spent debating bills and nominations.

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Jan. 23, 2013
Analysis
A Look at GOP Congressional Priorities as U.S. House Forgoes Debt Ceiling Fight
The U.S. House voted to extend the nation's debt limit for another three months. Can the Republican party use fiscal issues to regain its footing? Gwen Ifill talks with Susan Page of USA Today and Stuart Rothenberg of the Rothenberg Political Report and Roll Call.

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Jan. 23, 2013
Blog
D.C.'s Funniest Celebrity: More Economics Comedy Routines
One of D.C.'s funniest economists, Austan Goolsbee, and Mark Skousen, a former CIA analyst-turned-economist, perform econo-comedy acts about Nobel laureate George Stigler.

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Jan. 23, 2013
Blog
Hyperinflation in Hell: An Economics Comedy Routine
Paul Solman highlights the humorous side of economics, featuring Yoram Bauman, a young environmental economist and stand-up comedian, who performs a comedy act questioning whether the afterlife has a stable economy or is a chaotic fiscal mess.


Jan. 22, 2013
Report
News Wrap: House GOP Ready to Raise Debt Ceiling Though Mid-May
In other news Tuesday, House Republicans readied to vote on a plan to raise the nation's debt ceiling through May 19th. Rep. Paul Ryan said they wanted to shift focus to making major spending cuts. Also, parts of the Midwest are in a deep freeze, with temperatures dipping to minus 30 degrees Fahrenheit.

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Jan. 22, 2013
Blog
Ask Larry: Is Suspend-and-Collect a Flawed Plan?
Social Security expert Larry Kotlikoff answers readers' questions about applying for and receiving Social Security benefits, including the efficacy of a start-stop-start collecting strategy, collecting on ex-spouses' benefits, waiting until full retirement to collect and gay marriage's potential impact on Social Security.


Jan. 22, 2013
Blog
What I Did When My Email Account Was Hacked (Besides Panic)
Paul Solman recounts his own reluctance to abandon Yahoo! Mail in favor of the ubiquitous Google Gmail, and the hacking scam that pushed him to make the switch.


Jan. 21, 2013
Blog
Ask The Headhunter: What If My Job Offer Was Rescinded After I Quit My Old Job?
NewsHour's resident headhunter Nick Corcodilos answers job seekers' questions, including how to deal with an employer that rescinds a job offer, how to explore and discover a career path just out of college and the difference between getting a degree and "reading for exams."


Jan. 18, 2013
Blog
Why Raising the Social Security Retirement Age Makes No Sense
Economist Teresa Ghilarducci of The New School takes issue, vigorously, with those who argue that one easy fix for Social Security is to raise the retirement age.


Jan. 17, 2013
Blog
What's the Standard of Living Like Where You Live?
We revisit a story on Pulitzer Prize-winning reporter David Cay Johnston about whether Americans pay too much for Internet, cable and phone service in comparison to the rest of the world. A French viewer responds by explaining how much he pays and we ask you about standards of living inside and outside America.


Jan. 16, 2013
Blog
Solving for Solvency: A Menu for Closing Social Security's Long-Term Budget Gap
Social Security expert “Ask Larry” Kotlikoff thinks America is broke, and Social Security is one of the key reasons. Vice President Biden’s former economic advisor, Jared Bernstein, disagrees. Bernstein offers a menu of options that could fully close the 75-year Social Security solvency gap and do so in a balanced way.

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Jan. 15, 2013
Blog
Ask The Headhunter: Is There a Substitute for a College Degree?
NewsHour resident headhunter Nick Corcodilos answers job seekers' questions, including whether on the job experience can substitute for a college degree, why it's costly for employers to search for the "perfect candidate" and different strategies when searching for a position at a non-profit organization.


Jan. 14, 2013
Blog
Why You Should Wait Until 70 to Collect SSI Benefits
Larry "Ask Larry" Kotlikoff answers readers' questions on Social Security, including why, in most cases, people should wait until they are 70 years old to collect any SSI benefits.


Jan. 11, 2013
Blog
Are You Getting Ripped Off by Money Management Fees?
A passionate "no!" to a desperate question: do you need a financial intermediary in order to invest your nest egg?


Jan. 10, 2013
Conversation
New Mortgage Lending Regulations Require Proof of Borrower's Ability to Repay
A new set of federal guidelines on mortgage lending has been released in efforts to protect banks and potential homeowners from the risky practices that caused the 2008 housing crisis and economic collapse. Margaret Warner talks to Richard Cordray, director of the recently-established Consumer Financial Protection Bureau.

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Jan. 10, 2013
Blog
Economist Andrew Smithers on Labor, Capital and Increased Tax Rates
British economist and market-watcher Andrew Smithers answers more of your questions about how labor's share of output in the U.S. has declined over the past thirty years.


Jan. 10, 2013
Blog
Obama Continues Cabinet Reshuffle, Taps Lew for Treasury
As budget director, Jack Lew served as one of the Obama administration's key negotiators during the fight over raising the debt ceiling in 2011. As chief of staff, he helped broker an agreement to avert the fiscal cliff. And with a series of fiscal hurdles ahead, President Obama has chosen Lew to head the Treasury Department.


Jan. 9, 2013
Blog
The LIBOR Scandal: Not that Big a Deal?
An insider's surprising look at the LIBOR scandal from the former head of trading at JP Morgan.


Jan. 8, 2013
Report
How Free Online Courses Are Changing the Traditional Liberal Arts Education
As tuition costs continue to rise, it seems counterintuitive that professors at top universities would give away their courses for free. But that's exactly what they're doing, on web-based platforms known as "Massive Open Online Courses." Spencer Michels reports on how a boom in online learning could change higher education.

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Jan. 8, 2013
Blog
How to Get Interviews Without Cold Calling
Nick Corcodilos answers job seekers' questions, including how to get a job when moving to a new city, finding work as a project-based consultant and why traditional resume and references don't work for everyone.


Jan. 7, 2013
Analysis
Major Banks to Pay $8.5 Billion in Settlement Over Housing Foreclosure Abuses
Ten major banks in the U.S. have agreed to $8.5 billion for wrongful foreclosures on homeowners during 2009 and 2010 at the height of the housing crisis. Margaret Warner talks to Guy Cecala of Inside Mortgage Finance and Diane Thomson of the National Consumer Law Center about the improper foreclosures and who will get the money.

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Jan. 7, 2013
Blog
How to Try to Stop Your Ex from Getting Spousal Benefits
Social security expert Larry Kotlikoff answers readers' questions about how and when to collect benefits when married, widowed, separated or divorced.


Jan. 4, 2013
Analysis
Last Jobs Report of 2012 Shows Slow Growth, Looming Economic Uncertainty
The December jobs report showed positive but slow growth, while worries of imminent recession were calmed by the passage of a deal to avert the "fiscal cliff." Is the economy moving in a positive direction? Jeffrey Brown talks to public media journalists about economic concerns for the coming months.

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Jan. 4, 2013
Blog
Another Victory in the War on Our Children
"Ask Larry" Kotlkoff blasts the fiscal cliff deal. He and Paul "Making Sense" Solman then duke it out over the notion that the economic sky is now surely falling.


Jan. 4, 2013
Blog
Another Victory in the War on Our Children
Ask Larry" Kotlkoff blasts the fiscal cliff deal. He and Paul "Making Sense" Solman then duke it out over the notion that the economic sky is now surely falling.


Jan. 4, 2013
Blog
2012 in Unemployment Data
Now that the Bureau of Labor Statistics has released its final unemployment numbers for the year, let's take one last look at 2012's unemployment indicators, month-by-month.


Jan. 4, 2013
Blog
December Unchanged Unemployment Rate Meets Expectations
December's unemployment rate held steady at 7.8 percent and the U.S. added 155,000 new jobs during the month, bringing the grand total of net new jobs for 2012 to more than 1.8 million. Analysts are calling the numbers slow but steady and along the lines of what they were expecting.


Jan. 4, 2013
Blog
U.S. Debt Ceiling: Costs and Consequences
The United States has always been able to raise its debt limit in a timely fashion, and many economists assert that a failure to do so in early 2013 would plunge the government into default and precipitate an acute fiscal crisis. A Council on Foreign Relations backgrounder explains more.


Jan. 2, 2013
Blog
How Will Your Take-Home Pay Change?
The Tax Policy Center has projected a percent change from 2012 levels in after-tax income.


Jan. 2, 2013
Report
Manufacturer Vita Needle Finds Investment in Older Workers Turns a Big Profit
The average age of Vita Needle's workers is 74 years old, and that's no accident. The manufacturing company has intentionally hired seniors -- a decision that has increased profits and benefited older workers who often have a harder time finding a job. Paul Solman reports on their unique model for doing business.

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Jan. 2, 2013
Blog
Life Insights from a 100-Year-Old Manufacturing Worker
While reporting on needle and tubing manufacturing firm Vita Needle in Needham, Mass., the NewsHour team met longtime manufacturing worker Rosa Finnegan, who, at 100 years old, still punches in five days a week and has no plans to retire.

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Jan. 2, 2013
Blog
Life Insights from a 100-Year-Old Manufacturing Worker
While reporting on needle and tubing manufacturing firm Vita Needle in Needham, Mass., the NewsHour team met longtime manufacturing worker Rosa Finnegan, who, at 100 years old, still punches in five days a week and has no plans to retire.

videoStreaming Video


Jan. 1, 2013
Report
Rooting Out Waste in Health Care by Taking Cue From Toyota Assembly Lines
When the Virginia Mason Medical Center in Seattle was losing money for the first time in its history, CEO Dr. Gary Kaplan turned to an unlikely place for help: giant automaker Toyota. Health correspondent Betty Ann Bowser reports on the hospital's success in lowering costs and improving health outcomes.

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Jan. 1, 2013
Report
School of Wine: Training Students for Jobs in Washington State's Wine Industry
With more than 700 vineyards, Washington state has become a premier location for viticulture. One community college has created a winemaking degree that fosters economic, environmental and cultural sustainability in and around the city of Walla Walla where vineyards continue to sprout. Special correspondent John Tulenko reports.

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Jan. 1, 2013
Report
Sandy Recovery Continues at Slow Pace as People Wait for FEMA Relief
While storm victims of Sandy find hope as some businesses re-open in hard-hit areas, debate on how to rebuild the shore has slowed the pace of recovery. Jeffrey Brown talks to New York Times' Sarah Maslin Nir and New Jersey Public TV's Mike Schneider on how federal disaster relief aid will be used to rebuild smarter and better.

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Jan. 1, 2013
Analysis
Senate Finds Compromise, But Doubt Remains Over House Response
The Senate passed a compromise to address the U.S. budget, but House Republicans complained the bill was too heavy on tax increases and too light on spending cuts. Judy Woodruff talks to WNYC's Todd Zwillich for House response to the bill and whether it is likely to pass when it comes to a vote.

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Jan. 1, 2013
Blog
Ask the Headhunter: Niche Job Boards and Job Fairs
NewHour's resident headhunter Nick Corcodilos answers readers' questions about niche job boards that cater to specific industries, and the futility of job fairs.

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