Economy May 02 Keynes vs. Hayek, the Rematch: Keynes Responds Late last week the makers of the 2009 rap video "'Fear the Boom and Bust' a Hayek vs. Keynes Rap Anthem" came out with a follow-up: "Fight of the Century: Keynes vs. Hayek Round Two". John Maynard Keynes…
Arts Apr 28 Keynes vs. Hayek: Round Two "We've been going back and forth for a century." So began an economics rap between two long-dead English economists, interventionist John Maynard Keynes and governmentophobe Friedrich Hayek that went viral. The rap's dress rehearsal debuted on the NewsHour back in…
Economy Apr 27 The Obamas Gave $131,000 to Fisher House Foundation in 2010; What Is It? Photo of President Obama by Jewel Samad/AFP/Getty Images Editor's Note: The Obama document du jour may be the President's birth certificate, but here on the Business Desk we've been looking into another document: the First Family's tax return. Last…
Economy Apr 26 Suppose You Want to Pay Down the National Debt, All by Yourself? Photo by Flickr user CarbonNYC Slate, the online magazine, has a fascinating explainer of an oft-asked question: can individuals help pay down the debt and if so, how? From Slate's Brian Palmer: There are several ways for…
Arts Apr 25 Should Banks Modify Home Loans to Today’s Home Values? Photo: Getty Images. Paul Solman answers questions from NewsHour viewers and readers on business and economic news most days on his Making Sen$e page. Here's Monday's query: Name: Charles Robertson Question: The media estimate 5 to 8 million houses…
Arts Apr 22 Our National Debt: Political Gamesmanship or a Game of Chicken? A graphic chronicle of debt ceiling hikes from Bloomberg Businessweek. For the record, it doesn't seem like either 'political gamesmanship' or a game of chicken, so much as a vivid illustration of how and why the national…
Science Apr 21 Budget Showdown: What’s In the Obama and Ryan Plans? Editor's Note: This week President Obama has been crisscrossing the country, selling his budget plan to the American people. Meanwhile, Republican Representative Paul Ryan has been pitching his budget proposal to constituents in Wisconsin. We wanted…
Arts Apr 20 What Happens to Us Codgers if the Debt Limit Isn’t Raised? We reported last week on the fear and trembling of bond vigilantism, real or imagined -- that the bond market would punish the country for profligacy by raising the interest it demanded to lend us money, thus making everything…
Arts Apr 18 Making Sen$e: How Much Did President Obama Make in 2010? Editor's Note: The First Family's 2010 tax return was released today. We've pulled out some of the more interesting numbers in a graphic. Here's the snapshot: the Obamas reported an adjusted gross income of $1,728,096, about $3.78…
Arts Apr 15 Making Sen$e: How Does Investing Create Jobs? Financial professionals work the phones on the floor of the New York Stock Exchange in New York City. Photo by Chris Hondros/Getty Images. Paul Solman answers questions from NewsHour viewers and web users on business and economic news most days…