Mar 08 Is It Inevitable That the United States Will Default? By Paul Solman With all the talk of the fiscal cliff and the sequester, I respond to a reader who wants to know if the economic dominoes are likely to fall, causing a government default, and I weigh in on why… Continue reading
Mar 08 Companies Hire 236,000 in February, But Long-Term Unemployment Unchanged In February, 236,000 new jobs were added to the economy, which was higher than expected and the unemployment rate dropped by 0.1 percent. But the 7.7 percent unemployment rate -- the official unemployment rate -- is only a small part… Continue reading
Mar 08 Companies Hire 236,000 in February, But Long-Term Unemployment Unchanged By Paul Solman In February, 236,000 new jobs were added to the economy, which was higher than expected and the unemployment rate dropped by 0.1 percent. But the 7.7 percent unemployment rate -- the official unemployment rate -- is only a small part… Continue reading
Mar 08 Is It Inevitable That the United States Will Default? By Ellen Rolfes By Paul Solman With all the talk of the fiscal cliff and the sequester, I respond to a reader who wants to know if the economic dominoes are likely to fall, causing a government default, and I weigh… Continue reading
Mar 08 Watch February Brings Drop in Unemployment, Best Job Report in Four Years Things are looking up for job seekers. The February 2013 jobs report showed the addition of 236,000 jobs and the unemployment rate dropped to 7.7 percent, making it the best report in four years. Ray Suarez examines the data and… Continue watching
Mar 07 The Depressing Data on Early Childhood Investment By Paul Solman Photo by Marc Romanelli/Getty Images. Jerome Kagan is one of the pioneers of developmental child psychology. But I interviewed him a few weeks ago with an economic motivation. PBS NewsHour has begun to explore a virtual reality project designed to… Continue reading
Mar 07 The Depressing Data on Early Childhood Investment By Paul Solman By Paul Solman Photo by Marc Romanelli/Getty Images. Jerome Kagan is one of the pioneers of developmental child psychology. But I interviewed him a few weeks ago with an economic motivation. PBS NewsHour has begun to explore a virtual reality… Continue reading
Mar 06 Watch House Passes Spending Bill, Preventing Government Shutdown The U.S. House of Representatives passed a stopgap bill to cover expenses through September in order to avert a government shutdown, but retained the sequester budget cuts. The bill now goes to the Senate, where Democrats hope to build in… Continue watching
Mar 06 The Nonsense of Austerity By James Livingston John Maynard Keynes, pictured above in 1942, overturned the ideas of neoclassical economics, advocating that fiscal and economic policy should be used to curb the adverse effects of economic recessions. Photo by Tim Gidal/Picture Post/Getty Images. A note from Paul… Continue reading
Mar 06 The Nonsense of Austerity By James Livingston By James Livingston John Maynard Keynes, pictured above in 1942, overturned the ideas of neoclassical economics, advocating that fiscal and economic policy should be used to curb the adverse effects of economic recessions. Photo by Tim Gidal/Picture Post/Getty Images. A… Continue reading