Jan 23 Watch Market Turmoil Highlights China’s Impact on U.S. Economy Global stocks largely rebounded on Tuesday after concerns over a weakened U.S. economy sent international markets tumbling. Jim Fallows of the Atlantic Monthly discusses how China's lending and asset buying impact the U.S. markets and economic stability. Continue watching
Jan 11 How does China control the exchange rate of its currency? This installment’s “guest vetter” is Martin Neil Baily, now with the Brookings Institution. He was chairman of President Bill Clinton’s Council of Economic Advisors and is a certified VKP (very knowledgeable person). If you… Continue reading
Dec 20 Could you please explain the long-term decline of the dollar and predict the long-term implications of this trend? Question/Comment: Please explain the long-term decline of the dollar and predict the long-term implications of this trend. As an aside, you are a great reporter. You present complicated economic issues in an intelligent and understandable manner. I always perk up… Continue reading
Feb 27 Watch Stock Markets Drop Sharply Worldwide The Dow Jones Industrial dropped 416 points today, the worst plunge since September 2001, after the Chinese market fell 9 percent. Jim Lehrer talks with an economics professor about the worldwide decline in stock prices. Continue watching
Feb 21 Watch Author Discusses Adam Smith and Globalization In the third installment in a series of conversations about the impact of globalization, author P.J. O'Rourke discusses the role of the teachings of Adam Smith in today's economy. Continue watching
Feb 16 Watch U.S. Mint Prints Gold-colored Dollar Coins The U.S. Mint released into circulation millions of gold-covered dollar coins bearing the likeness of George Washington Thursday. U.S. Mint Director Edmund Moy discusses the decision to introduce the coin, after previous attempts to do so were unsuccessful. Continue watching
Jul 21 China Delinks Currency From U.S. Dollar By PBS News Hour The Chinese government said Thursday it is moving to a more flexible exchange system that ties its currency, the yuan, to a marketbasket of currencies rather than linking it at a fixed rate to the U.S. dollar. Continue reading