Dec 23 In Case You Missed It: Infrastructure Projects and Economic Growth On Monday’s NewsHour, Paul Solman examined whether big infrastructure projects, such as the one being considered by President-elect Barack Obama, are an effective way to create new jobs and stimulate the economy. ]>… Continue reading
Dec 22 Why Ease Credit, But Not Increase Wages? Question/Comment: A basic truth in economics is that wages drive demand. Yet for the last 30 years wages have been stagnant or decreasing. Why do I hear only talk of easing credit, not increasing wages? Easy credit is what caused… Continue reading
Dec 08 Could You Help Me Understand Credit Default Swap in Terms of Purchasing a Car? Question/Comment: The lease is up on my Lexus and I inquired about buying it. Lexus financial said that I’d have to pay the residual value from the lease. That amount is $10,000 over market value. It was later explained to… Continue reading
Dec 02 Why Didn’t Bankruptcy Work For Lehman Brothers? Question/Comment: Dear Mr Solman, Many of the “experts” I hear on PBS and NPR think that bankruptcy would be a workable solution for the auto companies. I agree,… Continue reading
Nov 26 What is Islamic Banking? Question/Comment: I was reading an article about Islamic banking in Malaysia, and I was surprised to find out that these Islamic banks were affected little if any with this bad lending that is going on in U.S. and in the… Continue reading
Nov 22 In Case You Missed It: A Report From Detroit Editor’s Note: Paul Solman reports on the impact to auto workers. ]>… Continue reading
Nov 21 Watch Michigan Autoworkers Face Uncertain Future Prospects for extending a federal rescue package to Detroit's Big Three automakers remain unclear after a congressional effort stalled until December. Paul Solman speaks with autoworkers about how the crisis is affecting them. Continue watching
Nov 20 In Case You Missed It: A Conversation With Nobel-winning economist Robert Solow Editor’s Note: Paul Solman spoke with Nobel-winning economist Robert Solow on the financial crisis. ]>… Continue reading
Nov 07 And Now For Something Not Completely Different Paul Solman: For those who just can’t get enough of my explanations, and like them in video form, you can go to the the home of the weekly PBS show called ‘The Newsmakers,’… Continue reading
Oct 31 In Case You Missed It: Lessons of Great Depression Apply to Current Meltdown Editor’s Note: On Thursday, October 30, Paul Solman sat down with economist Eugene White and author Amity Shlae to talk about The Great Depression and what lessons can be gleaned from that era. Shlaes’ book is titled ‘The… Continue reading