Arts Jul 12 Smacking Into the Debt Ceiling: the Day-by-Day Consequences Daily U.S. Government Income and Expenditures: Use the slide bar to see how Treasury's cash deficit is projected to grow if the debt ceiling is reached, starting with Aug. 3. Mouse over the red points to see the running deficit…
Economy Jul 11 ‘Have Wit, Will Travel’ Economics was dubbed "the dismal science" by 19th century English intellectual Thomas Carlyle. The reason: the Reverend Thomas Malthus' grim prediction, around 1800, that population would inevitably outstrip food supply, since the former grows geometrically (1,2,4,8...), the latter, arithmetically (1,2,3,4...).
Arts Jul 11 ‘Have Wit, Will Travel’: The Life of an Economist And Stand-Up Comic Economics was dubbed "the dismal science" by 19th century English intellectual Thomas Carlyle. The reason: the Reverend Thomas Malthus' grim prediction, around 1800, that population would inevitably outstrip food supply, since the former grows geometrically (1,2,4,8...), the latter, arithmetically (1,2,3,4...).
Economy Jul 08 Jobs: the Dreary Data, a Desperate Viewer, a Pessimistic Professor Goodness! U-7, our own measure of under-and unemployment, shot up to 18.6 percent this morning, a rise that gets us back near the number when we first inaugurated the Solman Scale last December. This morning's job numbers: only…
Arts Jul 08 Jobs: Dreary Data, a Desperate Viewer, a Pessimistic Professor Goodness! U-7, our own measure of under-and unemployment, shot up to 18.6 percent Friday morning, a rise that gets us back near the number when we first inaugurated the Solman Scale last December. Friday morning's job numbers:…
Economy Jul 07 How an English Investor Dabbled in Cleveland Real Estate…and Got Burned Video edited by Elizabeth Shell. As a follow-up to Tuesday’s story on abandoned housing demolition in Cleveland, we’re posting a short video. A show-and-tell about one vacant property, it covers all the bases – from…
Arts Jul 07 How an English Investor Dabbled in Cleveland Real Estate…and Got Burned // Video edited by Elizabeth Shell. As a follow-up to Tuesday's story on abandoned housing demolition in Cleveland, we're posting a short video: A show-and-tell about one vacant property, it covers all the bases - from the…
Economy Jul 05 Fannie Mae: What’s Politics Got to Do With it? // 'Protecting Its Fannie: How Mortgage Giant Primed the Bubble, Covered Its Assets.' Paul Solman answers questions from NewsHour viewers and web users on business and economic news most days on his Making Sen$e page. Here's Tuesday's…
Arts Jul 01 Joseph Stiglitz, Barney Frank Respond to ‘Reckless Endangerment’ Allegations Friday on the NewsHour, New York Times finance specialist Gretchen Morgenson and co-author Josh Rosner, a longtime housing analyst, talk about their new bestseller, "Reckless Endangerment" (no. 17 on the Times list this week). The book is a…
Economy Jun 30 Troubled By Our Pension Post? Here’s Our Response // Watch Paul Solman's report, 'Is Your Pension Safe? States Struggle With Pricey Challenges.' Paul Solman answers questions from NewsHour viewers and web users on business and economic news most days on his Making Sen$e page. Here's Thursday's query:…