Jan 20 Desolate Detroit: The Forsaken City By Paul Solman In its heyday, it boasted nearly two million people, the world's premier automobile industry, the world's most popular music (Motown), and perhaps the country's most prosperous black middle class. But Detroit's population is down 50 percent, as are… Continue reading
Jan 20 Desolate Detroit: The Forsaken City By Elizabeth Shell In its heyday it boasted nearly two million people; the world's premier industry (autos); the world's most popular music (Motown); and perhaps the country's most prosperous black middle class. But Detroit's population is down 50 percent; so are wages in… Continue reading
Jan 19 Buzz Words in 2020 Will Be Same as in 18th Century. At Least Economically-Speaking. By Paul Solman Paul Solman answers questions from NewsHour viewers and web users on business and economic news most days on his Making Sen$e page. Here's Wednesday's query: Name: Sam Question: I immensely enjoy your segments on PBS. I am… Continue reading
Jan 19 Buzz Words in 2020 Will Be Same as in 18th Century. At Least Economically-Speaking. By Elizabeth Shell Name: Sam Question: I immensely enjoy your segments on PBS. I am intrigued by the concept of trade, and the argument presented by many economists that it raises the standard of living in a country's economy even if it appears… Continue reading
Jan 18 The Answer to the Exchange Rate Debate: Chinese Inflation By Paul Solman The Chinese currency debate has developed a new twist in recent months: Chinese inflation. The argument, made by Columbia University economics professor Geng Xiao in an updated story of ours running on Tuesday's broadcast, is that the rise… Continue reading
Jan 18 The Answer to the Exchange Rate Debate: Chinese Inflation By Elizabeth Shell The Chinese currency debate has developed a new twist in recent months: Chinese inflation. The argument, made by Columbia University economics professor Geng Xiao in an updated story of ours running on Tuesday's broadcast, is that the rise in… Continue reading
Jan 17 Promises, Promises: The Public Pension Pinch By Paul Solman Paul Solman answers questions from NewsHour viewers and web users on business and economic news most days on his Making Sen$e page. Here's Monday's query: Name: Sharon McDonnell Question: I am so very sorry we do not have a… Continue reading
Jan 14 What Worries Economists in 2011: From Lower Housing Prices To a Crisis in Europe This will not come as news to our Twitter followers (tweetees?), but we spent last weekend at the annual economics convention, held this year in Denver. Every January we buttonhole economists of various stripes and political persuasions to… Continue reading
Jan 14 What Worries Economists in 2011: From Lower Housing Prices To a Crisis in Europe This will not come as news to our Twitter followers (tweetees?), but we spent last weekend at the annual economics convention, held this year in Denver. Every January we buttonhole economists of various stripes and political persuasions to pose… Continue reading
Jan 13 More Than One Million Homes Foreclosed on in 2010 By Paul Solman We've devoted a fair portion of our reporting over the past year to home ownership and foreclosure. Some of those stories ran again, with updates, during the last week of the year. Today comes the official tally for… Continue reading