Economy Dec 13 ‘Record Inequality Between Rich and Poor,’ According to OECD Today we feature a short, simple, surprising inequality video that sums up a lot of recent research from the Organization for Economic Cooperation and Development, the 34-member OECD. Take a look. Here's a sampling of our own reporting on inequality…
Economy Dec 06 Economic Comedian Compares China-U.S. Relations to Teen…Romance Getting back to his roots, Standup Economist Yoram Bauman begins his latest dispatch from Beijing by testing just how far you can apply the First Amendment in modern-day China. He's humored audiences twice in China thus far:…
Economy Nov 24 European Bond Scare: Germany Edition Trader at the Frankfurt Stock Exchange in Germany. Photo by Ralph Orlowski/Getty Images. The U.S. markets lie as still today as the birds on America's platters, but the same cannot be said for fluttering Europe, or anywhere else in the…
Economy Nov 16 Is America a Loan Shark or a Borrowing Walrus? Paul Solman frequently answers questions from NewsHour viewers and web users here on his Making Sen$e page. Wednesday's query is answered first by Paul, and further down by Yoram Bauman, our frequent economist contributor from China: Name:…
Health Nov 15 One Mother’s Story of Teen Pregnancy in Nicaragua MANAGUA, Nicaragua - Marling del Socorro Valverdi balances a restless baby on her hip as she tries to attach yards of red and green crepe paper to a drab newsprint pinata shell. In the Valverdi family, pinata sales equal dinner…
Economy Nov 10 Why Are Medical Costs So High? Photo by Lilli Day / Getty Images. Paul Solman answers questions from NewsHour viewers and web users on business and economic news here on his Making Sen$e page. Here's Thursday's query: Name: Curt Carpenter Question: I would really like…
Economy Nov 09 For the Love of Chinese Bread // Economic analysis of a local, family-run bread bakery is the topic of the latest dispatch from Yoram Bauman, our temporary economist-in-residence in China. Using his improving (but still a bit limited) language skills and a visit to the…
Economy Nov 07 ‘The Buyout of America’ Author on Occupy Wall Street Protests // A year ago July, we did a story on "private equity" featuring journalist Josh Kosman, who'd written a book, "The Buyout of America." In it, Kosman blamed private equity firms for buying companies with borrowed money, taking…
Economy Oct 14 Chinese Housing Bubble: A Troubling Update from Beijing // In this latest dispatch from China, stand-up economist Yoram Bauman explores the possibility of a Beijing housing bubble. We first reported on this threat in our "China on the Rise" series back in 2005, when MIT economist and…
Economy Sep 26 Is the Conventional Wisdom on Social Security Correct? From "Why Social Security?" (1937). Social Security Administration pamphlet explaining need for the new system in terms of the transition from rural to urban-industrial society. Illustration by Hendrik Willem Van Loon, photo via flickr user Tobias Higbie. Paul Solman answers…