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…
Economy Aug 05 With 117,00 New Jobs in July, a Slight Improvement in the Solman Unemployment Scale "Employment Report Damned with Faint Praise: It Could Have Been Worse." Thus does Nigel Gault, Chief U.S. Economist of IHS Global Insight, sum up the consensus view of Friday's unemployment numbers. Jobs added in July; upward revision for June. Even…
Arts Aug 05 With 117,00 New Jobs in July, a Slight Improvement in the Solman Unemployment Scale "Employment Report Damned with Faint Praise: It Could Have Been Worse." Thus does Nigel Gault, Chief U.S. Economist of IHS Global Insight, sum up the consensus view of Friday's unemployment numbers. Jobs added in July; upward revision for June. Even…
Arts Aug 04 On Dow’s Worst Day Since 2008, Running for Cover A trader bows his head on the floor of the New York Stock Exchange after the closing bell Thursday; photo by Mario Tama/Getty Images. Just back from lunch, at which Brandeis classicists Ann Olga Koloski-Ostrow and Cheryl Walker schooled me…
Economy Aug 04 On Dow’s Worst Day Since ’08, Running for Cover A trader bows his head on the floor of the New York Stock Exchange after the closing bell Thursday; photo by Mario Tama/Getty Images. Just back from lunch, at which Brandeis classicists Ann Olga Koloski-Ostrow and Cheryl Walker schooled me…