Editor’s Note: Robert Frank, author of The Economic Naturalist’s Field Guide: Common Sense Principles for Troubled Times, recently guest-blogged for several weeks here at the Business Desk with answers to some of life’s economic ironies: why brides…

Question: How might GM’s bankruptcy work? Paul Solman: For answers, I can’t improve upon this exchange with Wayne State law professor Laura Bartell, whose interview we’ll feature in our GM bankruptcy story, slated to run on Monday’s NewsHour. This…

May 07

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General Motors Corp., which faces a June 1 government deadline to finish a restructuring plan or go into bankruptcy protection, said Thursday it lost $6 billion and its revenue was cut nearly in half in the first quarter.

Question/Comment: Paul, I am wondering about the new restrictions that are being forced on the car manufacturers for bio-fuel/electric/ethanol cars. Why isn’t there any mention about the cost of producing the electricity for the car batteries and ethanol? In the…

Question/Comment: In the early ’80’s unemployment was over 10 percent. I’m old enough to remember what the economy was like at that time. It wasn’t pretty given interest rates, but on the other hand we weren’t considering massive government funding…

Jan 05

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December marked another dismal month for automakers with new figures showing overall sales declines of more than 30 percent as the U.S. auto industry continues to struggle amid the economic downturn.

The Ford Motor Co. on Thursday posted a second-quarter loss of $8.7 billion, due mostly to the declining value of its SUV and pickup truck lines, and announced a plan to overhaul its North American production to focus on small…

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