By — Business Desk Business Desk Leave your feedback Share Copy URL https://www.pbs.org/newshour/economy/richard-freeman-on-changing-wa Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter Richard Freeman on Changing Wall Street Economy Jan 19, 2010 10:23 AM EDT Paul Solman: A few months ago, Harvard economist Richard Freeman took us on a recession walking tour of the Boston area. Among the many hats Freeman wears is working at the National Bureau of Economic Research, which declares when the United States is in a recession, and the views out his window there, he explained to us, showcase the recession’s effect on the neighborhood’s businesses. I caught up with Freeman at the AEA in Atlanta earlier this month to talk about his thoughts on what’s happening on Wall Street these days. He didn’t mince his words: Let me phrase it this way: Crime in the U.S. has been falling for the whole last 10-15 years — that’s normal crime. White collar crime, we’ve had an epidemic and at the top of the epidemic are the bankers. A free press is a cornerstone of a healthy democracy. Support trusted journalism and civil dialogue. Donate now By — Business Desk Business Desk
Paul Solman: A few months ago, Harvard economist Richard Freeman took us on a recession walking tour of the Boston area. Among the many hats Freeman wears is working at the National Bureau of Economic Research, which declares when the United States is in a recession, and the views out his window there, he explained to us, showcase the recession’s effect on the neighborhood’s businesses. I caught up with Freeman at the AEA in Atlanta earlier this month to talk about his thoughts on what’s happening on Wall Street these days. He didn’t mince his words: Let me phrase it this way: Crime in the U.S. has been falling for the whole last 10-15 years — that’s normal crime. White collar crime, we’ve had an epidemic and at the top of the epidemic are the bankers. A free press is a cornerstone of a healthy democracy. Support trusted journalism and civil dialogue. Donate now