May 25 Response to Andrews-McArdle Question: How do you react to the unseasonal blizzard of emails in response to the Megan McArdle post/the Ed Andrews parry/the McArdle riposte? Paul Solman: Fascinating to see the strength of sentiment — on both sides. Enough of the facts… Continue reading
May 22 Watch Other News: Obama Signs Credit Card Reform Bill In other news, President Obama signed a bill approving sweeping changes for the credit card industry aimed at helping cardholders. Continue watching
May 22 Watch As Deadline Nears, GM May be Headed for Bankruptcy Kwame Holman provides an update on reports that General Motors is likely to file for bankruptcy and that Chrysler is looking to conclude its bankruptcy proceedings. Continue watching
May 22 Ed Andrews Responds to Criticism in the Blogosphere Paul Solman: Yesterday, free-market enthusiast Megan McArdle, who describes herself as “the tallest female econoblogger” but is more often identified in the blogosphere as a libertarian, devoted a post on theAtlantic.com to Ed Andrews, the… Continue reading
May 22 What Are the Chances the Government Will Profit on the Bank Bailouts? Question: It seems that almost all of the news we hear about the government’s bailout of the banks is negative, as if the American taxpayer will never see another dime of the bailout money again. But isn’t it true… Continue reading
May 21 Watch For One Reporter, a Personal Journey Through the Mortgage Meltdown In the latest report of his Making Sen$e series, Paul Solman talks to New York Times economics reporter Ed Andrews, who chronicles his personal tale of the mortgage crisis in "Busted: Life Inside the Great Mortgage Meltdown."… Continue watching
May 21 How One Economics Reporter Experienced His Own Mortgage Meltdown Paul Solman: Who knew? I’ve been reading Ed Andrews since he took over the New York Times patents column back in the late 1980s, and I followed him following the housing crisis. But until the… Continue reading
May 20 Ask Behavioral Economist Dan Ariely Your Questions About the Economic Crisis and Human Behavior Editor’s Note: Dan Ariely, a noted behavioral economist at Duke University and author of Predictably Irrational, is different from many of his economist colleagues. Ariely studies irrationality in economic behavior — despite the fact that economics is largely… Continue reading
May 20 Watch Behavioral Economist Examines Interplay of Money, Morality and Rationality In the latest in economics correspondent Paul Solman's Making Sense series, behavioral economist Dan Ariely mulls decision-making mechanisms in finance and they ways in which many people rationalize their unethical actions. Continue watching
May 20 Watch Credit Card Industry Braces for Big Changes Congress' credit card reform bill will prevent companies from arbitrarily raising interest rates, but it could also tighten available credit. A reporter explains the measure. Continue watching