Feb 12 What is the Worst Case Scenario if the Consumer Becomes a Saver? Question/Comment: What is the worst case scenario if the consumer becomes a saver? Or if nations, including United States, raise trade barriers? Or if the financial bailout fails? Paul Solman: Hmmm. Well, the first is happening as we speak:… Continue reading
Feb 11 Forecasting Our Economic Future Paul Solman: Historians sing of what has passed; journalists, of what is passing; economic forecasters, of what is to come. Over the years, and especially during presidential campaigns, we’ve featured the forecasting model of Yale economist Ray Fair here… Continue reading
Feb 09 More from ‘Bad Bank vs. Good Bank’ While awaiting a response to my answers to your questions from MIT’s Simon Johnson, who is about to become this quanda’s newest guest vetter, perhaps it would be interesting to read a bit… Continue reading
Feb 06 In Case You Missed It: Bad Bank vs. Good Bank Paul Solman explores a solution to the financial crisis that’s gaining steam: creating “bad banks” and “good banks.” ]>… Continue reading
Jan 31 In Case You Missed It: The End of Globalization? Paul Solman revisits the port of Long Beach, Calif., just a year after first reporting there, and finds fields of unsold Mercedes and tracts of Toyotas. Read the transcript here. ]>… Continue reading
Jan 22 Is There An “Economic Event” That Will Change the Economics Profession? Question/Comment: Dear Mr. Solman, Is there an “economic event”, or re-discovery of economic history that can impact the incredible ideological stranglehold on the economics “profession?” In my opinion we have sacrificed rigorous econometrics on the altar of existence theorems, Diophantine… Continue reading
Jan 15 In Case You Missed It: Economists Place Their Bets With Predictions for 2009 Last night on the NewsHour, we did a story on economic predictions for the future, featuring two economists who’d correctly called the current crisis: Martin Feldstein and Ken Rogoff. You can watch the piece here. We ended the story… Continue reading
Jan 02 Find More of Paul’s Thoughts on Twitter and His New Online Article. It’s the weekend again and with the NewsHour dark, there’s no chance to answer questions. So I thought I’d post a couple of things that might interest you. I’m in San Francisco for the annual meeting of economists for a… Continue reading
Dec 31 Are Ethics Taught in Finance and Business? By Business Desk Question/Comment: At one point during your report on teaching job skills to at-risk urban youth, I noticed a wall behind a student displayed a list of qualities to embrace: be honest, be accountable, among others. It almost seems cruelly… Continue reading
Dec 24 In Case You Missed It: Innovative Program Uses Business Methods to Teach Job Skills By Business Desk On Tuesday, Dec. 23, Paul Solman examined an innovative social entrepreneurship program that uses business methods to achieve social change for at-risk urban youth. You can find the transcript here. // <]> // ]]>… Continue reading