Economy Aug 21 Does Wealth Breed Narcissism: The New ‘Mirror, Mirror on the Wall’ Study Berkeley social psychologist Paul Piff and his researchers reenact their mirror study to demonstrate the relationship between wealth and narcissism. Paul Solman: We first met Paul Piff, a social psychologist and post-doctoral scholar in the psychology department at the University…
Economy Aug 15 Is Structural Unemployment ‘Humbug’ or Are Krugman and Baker Biased? Is there really an economic consensus that unemployment is cyclical, as Paul Krugman suggests? Photo courtesy of Justin Sullivan/Getty Images. Liberal economist and much-respected friend Dean Baker, co-director of the Center for Economic and Policy Research, where he keeps the…
Economy Aug 15 Is Structural Unemployment ‘Humbug’ or Are Krugman and Baker Biased? By Paul Solman Is there really an economic consensus that unemployment is cyclical, as Paul Krugman suggests? Photo courtesy of Justin Sullivan/Getty Images. Liberal economist and much-respected friend Dean Baker, co-director of the Center for Economic and Policy Research, where…
Economy Aug 09 Is the Fed’s ‘Great Unwind’ a Non-event or the Chickens Finally Coming Home to Roost? Merle Hazard performs "The Great Unwind," his latest economics music video, produced by Nashville Public Television. In his latest music video, which we debuted on Wednesday, econo-crooner Merle Hazard, aka Nashville money manager Jon Shayne, addresses the…
Economy Aug 09 Is the Fed’s ‘Great Unwind’ a Nonevent or the Chickens Finally Coming Home to Roost? By Paul Solman Merle Hazard performs "The Great Unwind," his latest economics music video, produced by Nashville Public Television. In his latest music video, which we debuted on Wednesday, econo-crooner Merle Hazard, aka Nashville money manager Jon…
Economy Aug 08 Art Laffer, John Taylor, Simon Johnson Respond to the Fed’s ‘Great Unwind’ Problem Merle Hazard performs "The Great Unwind," his latest economics music video, produced by Nashville Public Television. Wednesday, we debuted a country and western music video that is rocketing to the top of the NewsHour charts: Merle Hazard's "The…
Economy Aug 08 Art Laffer, John Taylor, Simon Johnson Respond to the Fed’s ‘Great Unwind’ Problem By Paul Solman Merle Hazard performs "The Great Unwind," his latest economics music video, produced by Nashville Public Television. Wednesday, we debuted a country and western music video that is rocketing to the top of the NewsHour charts:…
Making Sen$e Aug 04 Detroit May Be Bankrupt, but as an American, You’re Not Earlier on this page, our regular Social Security columnist Larry Kotlikoff argued in favor of "generational accounting" and the recently introduced Intergenerational Financial Obligations Reform Act (INFORM Act), which he helped draft and which has garnered the support of…
Economy Aug 02 Is Baby Boomer Retirement Behind July’s Drop in the Unemployment Rate? The simple story of the July unemployment numbers, released Friday, is that the population grew by about 200,000 people and new jobs absorbed just about all of them. Why did the unemployment rate go down -- from 7.6 percent…
Economy Aug 02 Is Baby Boomer Retirement Behind the Drop in July’s Unemployment Rate? By Paul Solman The simple story of the July unemployment numbers, released Friday, is that the population grew by about 200,000 people and new jobs absorbed just about all of them. Why did the unemployment rate go down --…