Economy Sep 01 Is Fed Policy of Interest on Excess Reserves ‘Outrageous’? Name: Fred McEwan Question: [A] Huffington Post article states that one huge reason for banks not lending is that the Fed pays them a quarter cent interest on all their held cash assets. If this is true, why would they…
Economy Aug 31 Stand-Up Economist: Always Bring Your Own Toilet Paper Another vlog today from Our Man in Beijing, Stand-up Economist Yoram Bauman. He's not in China as a comedian, of course, but as an environmental economist, which this post explains. (It also explains why he keeps a roll of toilet…
Economy Aug 19 Is Economic Inequality a Big Deal? // With our inequality coverage (watch Land of the Free, Home of the Poor and Americans Facing More Inequality, More Debt and Now More Trouble?) topping the "Most Watched" chart here at the Online NewsHour, we thought we'd…
Arts Aug 18 Getting High for Less: Easier Access to Better, Cheaper Heroin Cripples Small Towns Black tar heroin. Photo via the City of Wichita police department. Note: We've been exploring economic inequality in America this week, and thought it an opportune moment to share something we had hoped to post the last time…
Arts Aug 17 Sweden’s Super-Duper Rich // Update: Watch Land of the Free, Home of the Poor and Americans Facing More Inequality, More Debt and Now More Trouble? to see the first two parts of Paul Solman's ongoing series of reports on U.S. economic…
Arts Aug 16 Europe’s Stuttering Economy With the eurozone in such obvious economic turmoil, we turn to former chief IMF economist and longtime friend and favorite of Making Sen$e, Simon Johnson (Peterson Institute, MIT). We asked him a series of pressing questions: Paul Solman: Is…
Making Sen$e Aug 15 In Defense of Flogging: Controversial Conversation on Prisons and Punishment We were curious: is flogging — beating someone solidly on the behind with a wooden cane — a reasonable, effective alternative to sending that person to jail for two, five, 10 years? That’s exactly what Peter Moskos, a police…
Making Sen$e Aug 12 Wealth Quiz: How Does the U.S. Slice the Pie? Update: Watch Land of the Free, Home of the Poor and Americans Facing More Inequality, More Debt and Now More Trouble? to see the first two parts of Paul Solman’s ongoing series of reports on U.S. economic inequality.
Arts Aug 10 Another Take on a Volatile Market Financial professionals work the phones on the floor of the New York Stock Exchange in New York City. Photo by Chris Hondros/Getty Images. Sorry I didn't post Tuesday, amidst all the turmoil. I was giving a speech at Chautauqua,…
Arts Aug 08 How to Not Let Mistakes Define You // We recently reported on the prison initiative of Bard College, a selective school currently running degree programs in five New York prisons. Skeptics of prison reform should take note of one Anthony Cardenales, a former inmate who…