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Making Sen$e of Bailouts: Why the U.S. Government Bought 'Troubled Assets'
Aug. 2, 2012
The Troubled Asset Relief Program was created in 2008 to prevent financial collapse by allowing the U.S. government to buy up troubled assets. But it ended up being used to bailout big banks. Paul Solman talks to Neil Barofsky, author of the new book "Bailout," about his role as the former TARP Special Inspector General.
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As Humans and Computers Merge ... Immortality?
July 10, 2012
Paul Solman interviews inventor Ray Kurzweil, who predicts that advancing technology will result in augmented brains, memories recorded on "mind files" and a greatly increased life span.
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Paul Krugman's Solution to Getting Fiscal Stimulus? It Involves Aliens
June 18, 2012
Amid a tough economy, economist and New York Times columnist Paul Krugman has probably captured as much attention -- and notoriety -- as anyone else in his field. Part of his Making Sen$e of financial news series, Paul Solman speaks with Krugman whose new book "End This Depression Now" suggests some radical policy-making.
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JPMorgan Chase's Big Losses, Big Risk: Blip on Radar or Systemic?
June 13, 2012
JPMorgan Chase's chairman and chief executive, Jamie Dimon, testified before the Senate Banking Committee about the massive trading losses incurred at his company. Paul Solman reports as part of his Making Sen$e series. Then, Gwen Ifill and guests discuss the implications of financial regulation on Wall Street.
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'What Money Can't Buy' and What it Shouldn't Buy
June 11, 2012
While most of our everyday transactions are driven by the marketplace, are there some things money shouldn't be able to buy -- a spot in line, maybe a human life? As part of his Making Sen$e of financial news series, Paul Solman speaks with Harvard professor Michael Sandel about his new book, "What Money Can't Buy."
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Student Loan Debt: To Pay or Not to Pay?
May 31, 2012
In his second report this week on student lending, economics correspondent Paul Solman examines the challenges that indebted college graduates face and the debate over whether to forgive some or all of their loan burden.
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The State Of Student Loans: More Debt, More Defaults, More Problems
May 30, 2012
Americans owe $1 trillion in student loan debt. How did that happen, and what's the impact on the nation's economy? Economics correspondent Paul Solman reports as part of his Making Sen$e of financial news series.
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Helping High School Youth Learn by Doing
May 21, 2012
Since 1994, YouthBuild has trained 110,000 high school dropouts around the country to put up houses for their community and think critically in the classroom while earning their GEDs or diplomas. As part of the American Graduate series, Paul Solman reports on a program designed to keep kids learning inside and outside of class.
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Downloadable Gun Parts, Personalized Bioterror: the Downside of Innovation
April 26, 2012
Through innovation and technology, California think tank Singularity University aims to push the frontiers of progress. But what happens when high-tech advances end up in the wrong hands? Economics correspondent Paul Solman raises some disturbing questions as part of his ongoing reporting series, Making Sen$e of financial news.
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Tech's Next Feats? Maybe On-Demand Kidneys, Robot Sex, Cheap Solar, Lab Meat
April 20, 2012
Optimists at Silicon Valley think tank Singularity University are pushing the frontiers of human progress through innovation and emerging technologies, looking to greater longevity and better health. As part of his series on Making $ense of financial news, correspondent Paul Solman explores a future of "exponential growth."
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The Unemployment Paradox: Why Job Seekers, Employers Aren't Connecting
April 6, 2012
The U.S. job market appears to have a paradox: Many job seekers say they're desperate for work while many employers say they can't fill open positions. Are workers being too picky? Are employers being too cheap? Correspondent Paul Solman explores what's behind the disconnect as part of his Making Sen$e of financial news series.
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Author Charles Murray: Elites Should Teach Working Class How to Live
March 20, 2012
The super-educated upper class is out of touch but it could teach lower classes better ways to live, according to conservative lightning rod Charles Murray. As part of his series on Making Sen$e of financial news, Paul Solman speaks with Murray about his new book, "Coming Apart," which examines America's "class society."
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Fictional Thriller Tackles Dangers of High-Frequency Trading
March 15, 2012
Part of his series on Making $ense of financial news, economics correspondent Paul Solman spoke with author Robert Harris whose fictional take on Wall Street, "The Fear Index," stresses the dangers of algorithm-driven, high-frequency trading.
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Was Charles Darwin the Father of Economics as Well?
March 13, 2012
What does the work of Charles Darwin have to do with economics? As part of his reporting on Making Sen$e of financial news, Paul Solman talks to Robert H. Frank, author of "The Darwin Economy: Liberty, Competition, and the Common Good," about the connection between economics and the father of evolution.
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'Accordion' Families Expand for Boomerang Kids, 'Parasite Singles' to Move Home
Feb. 14, 2012
In her new book, "The Accordion Family," sociologist Katherine Newman examines why more young adults in the world's wealthiest countries are returning home to live with their parents -- a phenomenon that Paul Solman has come across repeatedly in his reporting on global economic problems as part of his Making Sen$e series.
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New Consumer Watchdog Richard Cordray Makes First Appearance on Capitol Hill
Jan. 24, 2012
Richard Cordray, the new federal consumer watchdog, visited Capitol Hill Tuesday and defended the Obama administration's agenda to skeptical Republicans. Economics correspondent Paul Solman reports.
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Watchdog-in-Chief Richard Cordray Outlines Plan to Clean Up Consumer Lending
Jan. 23, 2012
Economics correspondent Paul Solman examines the controversial appointment of Richard Cordray to lead the Consumer Financial Protection Bureau. Paul quizzes the tough-on-crime former Ohio attorney general and former "Jeopardy" champ about his appointment's legality, his plans to police financial firms and some Bible trivia.
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Taxes: How High Is Too High?
Jan. 11, 2012
Economics correspondent Paul Solman explores the question of just how high U.S. tax rates should or shouldn't be and examines the relationship between economic activity and tax rates. It's part of his ongoing reporting series, Making Sen$e of financial news.
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Making Sen$e: Rich Shopper, Poor Shopper
Dec. 22, 2011
As part of his series on Making Sen$e of financial news, business and economics correspondent Paul Solman explores how retailers are faring in an economy that's increasingly divided between the haves and the have-nots.
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What Do Tax Rates' Ups and Downs Mean for Economic Growth?
Dec. 12, 2011
Do higher tax rates slow economic growth? As part of his reporting on Making Sen$e of financial news, economics correspondent Paul Solman takes a look at the history of taxes.
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Why Are Conservatives Happier Than Liberals?
Dec. 9, 2011
How do feelings about ideology and economic inequality affect a person's happiness? As part of his reporting of Making Sen$e of financial news, economics correspondent Paul Solman explores the connection and asks some liberals at Occupy DC and conservatives at the American Enterprise Institute to grade their own happiness.
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Creating Jobs in the Volunteer State: Why Are Employers Reluctant to Hire?
Dec. 2, 2011
Republicans have been saying that businesses aren't hiring because of uncertainty about regulation, the cost of health insurance and the cost of borrowing money. As part of his reporting on Making Sen$e of financial news, Paul Solman traveled to Tennessee to see if companies are creating more paying jobs in the Volunteer State.
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Was Charles Darwin the Father of Economics as Well?
Nov. 18, 2011
What does the work of Charles Darwin have to do with economics? As part of his reporting on Making Sen$e of financial news, Paul Solman talks to Robert H. Frank, author of "The Darwin Economy: Liberty, Competition, and the Common Good," about the connection between economics and the father of evolution.
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Why a Lesson in Money Plus Math Equals Financial Stability
Nov. 14, 2011
Sheila Bair, known for her tenacity and contrarian tenure as chairwoman of the FDIC, has a message she wants everyone to learn:Don't buy an inflatable moose head for your wall.
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Job-Seeking Vets Confront Stigma of 'Falling Behind' While Deployed
Nov. 11, 2011
More than 12 percent of the roughly 2 million Iraq and Afghanistan veterans were jobless last month, compared to 9 percent of the total population. As part of his reporting on Making Sen$e of financial news, Paul Solman looks at the problems many service members face in finding a job back home.
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'The Buyout of America' Author on Occupy Wall Street Protests
Nov. 7, 2011
A year ago July, we did a story on "private equity" featuring journalist Josh Kosman, who'd written a book, "The Buyout of America." Recently, on a visit to Zuccotti Park, we ran into Kosman and asked him about the Occupy Wall Street movement.
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For Undocumented Workers, It's Not-so-Sweet Home Alabama
Oct. 28, 2011
The controversial Alabama immigration law, know as HB 56, instructs employers to check a worker's immigration status with the government's E-Verify system. Paul Solman reports from Alabama on how one of the nation's toughest immigration laws affects workers and employers.
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Does U.S. Economic Inequality Have a Good Side?
Oct. 26, 2011
A new Congressional Budget Office analysis supports the idea that income inequality has grown considerably over the past few decades. As part of his Making Sen$e series on economic inequality, Paul Solman talks to libertarian law professor Richard Epstein, who argues that wealth inequality acts as a driving force for innovation.
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Michael Lewis' 'Boomerang': 'Money Thrown Out in Hope, Coming Back in Anger'
Oct. 21, 2011
What caused the economic troubles in Iceland, Greece, Ireland, Germany and elsewhere? Author Michael Lewis has some controversial theories involving sweeping character assessments of each nation. Lewis -- known for "Money Ball" and "The Blind Side" -- discusses his new book, "Boomerang," with economics correspondent Paul Solman.
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Chinese Housing Bubble: A Troubling Update from Beijing
Oct. 14, 2011
In this latest dispatch from China, stand-up economist Yoram Bauman explores the possibility of a Beijing housing bubble.