Sep 07 Watch 8:47 How coming clean about financial struggle — and counseling others — became a calling By PBS News Hour Despite a prestigious career and graduate degrees from top schools, Elizabeth White stood at the edge of a financial cliff for many years following the Great Recession. Author of “55, Unemployed, and Faking Normal,” White is among many who have… Continue watching
Sep 07 Column: When the global economy seems to brush off big risks, prudence matters By Vikram Mansharamani August was another month during which asset markets continued to brush off the seemingly ubiquitous geopolitical and other risks facing the global economy. Many markets hit new highs, and virtually every downdraft was met with a wall of buyers eager… Continue reading
Sep 04 What on earth was India thinking when it banned the $7.50 bill? By Kenneth Rogoff In November, India's prime minister removed all 500 and 1,000 rupee notes from circulation, worth $7.50 and $15.00 respectively. We asked Kenneth Rogoff, whose book the prime minister's administration cited, why a country would do such a thing. Continue reading
Sep 01 Jobs grade for August: a ‘mild disappointment’ By Paul Solman The economy added 156,000 jobs in August, and the unemployment rate remained largely unchanged at 4.4 percent. Continue reading
Aug 31 Watch 9:13 Are we on the brink of a jobless future? By PBS News Hour Futurologists have been predicting the automation armageddon -- robots replacing human workers -- for decades. Has the future finally arrived? Economics correspondent Paul Solman visits Silicon Valley to talk with leading tech thinkers and computer scientists about whether humanity is… Continue watching
Aug 24 Watch 8:49 How retailers are banking on options and experiences to draw in shoppers By PBS News Hour Is traditional retail dead? There have been more store closings this year than any since the Great Recession, with retailers filing for bankruptcy at a record pace. And yet online retailers like Amazon and Warby Parker are adding brick-and-mortar stores. Continue watching
Aug 24 In the age of Amazon, an entrepreneur explains what will make us want to go to the store By Diane Lincoln Estes An innovative retail entrepreneuer discusses why she thinks traditional stores are struggling. Continue reading
Aug 17 Watch 9:52 Can online shopping absorb traditional retail workers? By PBS News Hour The growth of e-commerce continues to wreak havoc on traditional retail and its workforce, with 5,300 store closings announced in the first half of 2017 and 64,000 job cuts expected. What will become of the 16 million Americans who work… Continue watching
Aug 17 Warby Parker’s CEO on how to thrive in retail as big-box stores are dying By Diane Lincoln Estes Warby Parker’s co-CEO explains why his e-commerce company is opening up brick-and-mortar stores even as traditional big-box retailers are shuttering theirs. Continue reading
Aug 17 Column: The health insurance tax exemption makes care more affordable, not less By Joseph White Public policy professor Joe White replies to Yevgeniy Feyman and Charles Blahous’s argument that the health insurance tax exemption induces people to buy too much health care. Continue reading