Dec 16 More Basics of Economics with Paul Samuelson Paul Solman: On Tuesday, we posted the first transcript from a series of interviews I’ve done with Paul Samuelson over the years. This installment picks up where the last left off, explaining the most basic ideas of economics —… Continue reading
Dec 16 Watch Other News: FTC Accuses Intel of Antitrust Violations In other news, the Federal Trade Commission filed suit against Intel for allegedly trying to unfairly stifle competition, and the House voted to let the government borrow another $290 billion over six weeks. Continue watching
Dec 16 Watch Keynes vs. Hayek: Late Economists' Hip-Hop Legacy As part of his continuing series Making Sense of financial news, Paul Solman has a unique look at the legacy of economist John Maynard Keynes, who first introduced the concept of government intervention in the economy, and his countertenor Friedrich… Continue watching
Dec 16 Watch Battle Lines Drawn Around 'Person of the Year' Amid nationwide dissatisfaction with the economy, Time Magazine's "Person of the Year" Ben Bernanke faces some opposition in Congress as he looks to serve another term as Federal Reserve chairman. Kwame Holman reports, and then Jim Lehrer speaks with economic… Continue watching
Dec 16 Making Sen$e of 2010: Conventional Wisdoms That May Be Wrong By Carolyn O'Hara As the end of a tumultuous economic year approaches, the PBS NewsHour asked several economists and financial experts to look ahead to 2010 and answer one question: What is the economic conventional wisdom with which you most disagree?… Continue reading
Dec 15 GM to Repay $6.7 Billion in Bailout Funds, CEO Says General Motors plans to repay $6.7 billion in federal aid by the end of June, the company's new chief executive officer, Edward E. Whitacre Jr., told reporters Tuesday. GM owes the U.S. $6.7 billion out of $52 billion… Continue reading
Dec 15 The Year Ahead: Economic Surprises Paul Solman: Another dauntingly thought-provoking group of responses today as part of our week-long series on The Economic Year Ahead (yesterday’s feature on the next crisis garnered some particularly interesting contributions). Today’s question: What economic development in… Continue reading
Dec 15 Making Sen$e of 2010: Economic Surprises in Store By Carolyn O'Hara As the end of a tumultuous economic year approaches, the PBS NewsHour asked several economists and financial experts to look ahead to 2010 and answer one question: What economic development would surprise you most?… Continue reading
Dec 15 The Basics of Economics with Paul Samuelson Paul Solman: I’ve done numerous interviews with Paul Samuelson over the years. Invariably, he was funny, imaginative and deep. Particularly memorable was a long session on the basics of economics about 10 years ago, in his office at… Continue reading
Dec 15 Watch How Big is Too Big to Fail? Paul Solman talks to economist George Schultz about the merging of large, national banks and how that could impact the idea that some companies are too big to fail. Continue watching