Jan 19 Buzz Words in 2020 Will Be Same as in 18th Century. At Least Economically-Speaking. By Elizabeth Shell Name: Sam Question: I immensely enjoy your segments on PBS. I am intrigued by the concept of trade, and the argument presented by many economists that it raises the standard of living in a country's economy even if it appears… Continue reading
Jan 18 The Answer to the Exchange Rate Debate: Chinese Inflation By Paul Solman The Chinese currency debate has developed a new twist in recent months: Chinese inflation. The argument, made by Columbia University economics professor Geng Xiao in an updated story of ours running on Tuesday's broadcast, is that the rise… Continue reading
Jan 18 The Answer to the Exchange Rate Debate: Chinese Inflation By Elizabeth Shell The Chinese currency debate has developed a new twist in recent months: Chinese inflation. The argument, made by Columbia University economics professor Geng Xiao in an updated story of ours running on Tuesday's broadcast, is that the rise in… Continue reading
Jan 17 Promises, Promises: The Public Pension Pinch By Paul Solman Paul Solman answers questions from NewsHour viewers and web users on business and economic news most days on his Making Sen$e page. Here's Monday's query: Name: Sharon McDonnell Question: I am so very sorry we do not have a… Continue reading
Jan 07 December’s Job Numbers: Do They Represent All Job Seekers? By Paul Solman I was all set to label our monthly post on the unemployment data "Hold Your Horses" or "Not So Fast," a warning not to overplay the apparently sizable drop in the official unemployment rate from 9.8 percent to 9.4. But… Continue reading
Jan 07 Strategic Default: Immoral or Not? By Paul Solman Rounding out our series today, those of you considering strategic default might find particular encouragement from the web chat with law professor Brent White of the University of Arizona, who thinks it is both legally and morally okay. Continue reading
Jan 06 Who Do You Hurt When You Walk Away? By Paul Solman More from the strategic default debate today. Economist Luigi Zingales of the University of Chicago, also in our original story, argues there are damaging spillover effects ("negative externalities") when homeowners strategically default. "By walking away, not only do you… Continue reading
Jan 06 Who Do You Hurt When You Walk Away? By Elizabeth Shell More from the strategic default debate today. Economist Luigi Zingales of the University of Chicago, also in our original story, argues there are damaging spillover effects ("negative externalities") when homeowners strategically default. "By walking away, not only do you… Continue reading
Jan 05 Strategic Default: Right or Wrong? By Paul Solman We've been concentrating on the housing crisis over the past several days here on the Business Desk. For the rest of the week we'll be focusing on the issue of strategic default. If you're an underwater homeowner who can afford… Continue reading
Jan 05 Strategic Default: Right or Wrong? By Elizabeth Shell We've been concentrating on the housing crisis over the past several days here on the Business Desk. For the rest of the week we'll be focusing on the issue of strategic default. If you're an underwater homeowner who can afford… Continue reading