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$e Aug 04 Detroit May Be Bankrupt, but as an American, You’re Not Earlier on this page, our regular Social Security columnist Larry Kotlikoff argued in favor of "generational accounting" and the recently introduced Intergenerational Financial Obligations Reform Act (INFORM Act), which he helped draft and which has garnered the support of…
Economy Aug 02 Is Baby Boomer Retirement Behind July’s Drop in the Unemployment Rate? The simple story of the July unemployment numbers, released Friday, is that the population grew by about 200,000 people and new jobs absorbed just about all of them. Why did the unemployment rate go down -- from 7.6 percent…
Economy Aug 02 Is Baby Boomer Retirement Behind the Drop in July’s Unemployment Rate? By Paul Solman The simple story of the July unemployment numbers, released Friday, is that the population grew by about 200,000 people and new jobs absorbed just about all of them. Why did the unemployment rate go down --…
Economy Jul 30 What Henry Ford’s Deep Hatred of Jews Can Teach Us About Anti-Islamism Today Tuesday marks the 150th birthday of Henry Ford, pictured here with his Model T. Photo courtesy of Getty Images. Tuesday marks the 150th birthday of the great American industrialist Henry Ford -- genius of manufacturing, pacifist, friend of the working…
Economy Jul 30 What Henry Ford’s Deep Hatred of Jews Can Teach Us About Anti-Islamism Today By Paul Solman Tuesday marks the 150th birthday of Henry Ford, pictured here with his Model T. Photo courtesy of Getty Images. Tuesday marks the 150th birthday of the great American industrialist Henry Ford -- genius of manufacturing, pacifist, friend…
Economy Jul 18 The American Dream of Retirement: Do You Have to Be Asleep to Believe It? Does the American dream still exist for American boomers? Photo courtesy of Thanasis Zovoilis/Flickr via Getty. Paul Solman frequently answers questions from the NewsHour audience on business and economic news on his Making Sen$e page. Today's query is about…
Economy Jul 18 The American Dream of Retirement: Do You Have to Be Asleep to Believe It? By Paul Solman Does the American dream still exist for American boomers? Photo courtesy of Thanasis Zovoilis/Flickr via Getty. Paul Solman frequently answers questions from the NewsHour audience on business and economic news on his Making Sen$e page.
Economy Jul 17 Cut-throat China: the Toxic Effects of Its Obsession With Wealth China's economic focus on consumption has ill effects for its society. Photo courtesy of Getty Images. That the Chinese are consumed with consumption is hardly news, but as reported Monday, efforts to boost domestic consumption are languishing as China's…
Economy Jul 17 Cut-throat China: the Toxic Effects of Its Obsession With Wealth By Paul Solman China's economic focus on consumption has ill effects for its society. Photo courtesy of Getty Images. That the Chinese are consumed with consumption is hardly news, but as reported Monday, efforts to boost domestic consumption…