Making Sen$e

Making Sen$e with Paul Solman is a hub of financial resources featuring economic explainers and more.

For a speech by a Federal Reserve Chairman, Ben Bernanke's remarks on "global rebalancing" certainly weren't designed to fly under the radar. "The Fed chairman's message, though scholarly in tone, was unusually blunt," wrote the Wall Street Journal,…

"We titled the book 'All the Devils are Here'," said Joe Nocera's co-author, Bethany McLean, "because in the wake of the crisis there has been this search for a simplistic answer. Ah! Fannie and Freddie, they must be the…

Nov 18

No image
Joe Nocera’s Hall of Shame

"We titled the book 'All the Devils are Here'," said Joe Nocera's co-author, Bethany McLean, "because in the wake of the crisis there has been this search for a simplistic answer. Ah! Fannie and Freddie, they must be the…

Nov 18

No image

Over a year ago, General Motors told investors its stock was worthless and to stop trading it. To say the company has experienced a turnaround is a bit of an understatement. After a month of speculation and a last-minute…

The [Fed's announcement](http://www.pbs.org/newshour/rundown/2010/11/fed-slow-growth-disappointing-will-engage-in-second-round-of-quantitiative-easing.html) of another round of so-called "quantitative easing" (QE2) is much in the news. Basically, it's an announced commitment to create $600 billion dollars or more of new "Federal reserves" - i.e., U.S. dollars - and [pump them…

The Sunday Times recently featured an exercise that it might make sense for all Americans to try, and certainly members of Congress pressing to balance the budget- Budget Puzzle: You Fix the Budget. And, if you prefer to get…

Editor's Note: A bit more about the interplay between Chinese currency and U.S. debt. First, a simple graphical explainer as to how the Chinese government gets so many dollars in the first place, using Ford Motor Company and…

The Latest