Question: When we hear comparisons between today’s economy and that of the Great Depression, I wonder: Had as many people and institutions been as highly leveraged then as now? Were personal and institutional debt as high then as they are…

Question: What would happen if the government let Citibank and Bank of America, et al., just fail? Paul Solman: The possibilities are various, intriguing, and terrifying. Let’s say Citi goes under. The government has to honor all of the company’s…

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…

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