Oct 12 This Year’s Nobel Prize Winners in Economics: Skeptics and Supporters By Paul Solman A few words about the Nobel Prize in economics and this year's winners. First, the skeptics. They are eager to point out that the prize in economics is actually the Sveriges Riksbank Prize in Economic Sciences… Continue reading
Oct 08 Despite Earlier Economic Crises, Euro Performing Well — Almost Too Well It was only last spring, amid the Greek financial crisis and divisions among European Union nations on how to respond to it, that some voices of alarm arose about the future of the European common currency, the euro, and… Continue reading
Oct 08 Bank of America Halts Foreclosure Sales in All 50 States Bank of America said Friday that it will stop sales of foreclosed homes in all 50 states as it looks into reports that mortgage servicers signed foreclosure documents without reading them, a practice known as "robo-signing." The company said… Continue reading
Oct 08 September Job Losses Steeper, Worse for Economy Than Expected By Paul Solman Disturbing September job numbers out Friday showed a net loss in total employment of 95,000 jobs, as the federal government dropped 76,000 positions, mainly Census workers, and state and local governments lost 83,000. In the private sector, jobs increased… Continue reading
Oct 07 Upcoming: Ways To Deal With the Foreclosure Crisis By Paul Solman The past week's revelations of bank insouciance with regard to the legal niceties of foreclosure and eviction, most notably the robo-signers who admitted they did not read what they signed off on, have led to a national push… Continue reading
Oct 05 With Such High Unemployment, Should the Foreign Worker Program End? By Paul Solman Paul Solman answers questions from NewsHour viewers and web users on business and economic news every day on his Making Sense page. Here's Tuesday's query: Name: John Carter Question: Given current employment, why is there still an H1-B program… Continue reading
Oct 04 What’s The Best ‘Spending Yourself Out Of Recession’ Argument? By Paul Solman Paul Solman answers questions from NewsHour viewers and web users on business and economic news every day on his Making Sense page. Here's Monday's query: Question: You recently answered a question about why stimulus spending is the government's responsibility. I… Continue reading
Oct 01 Watch Shields and Gerson on Emanuel’s Exit, Boehner’s Future Syndicated columnist Mark Shields and Washington Post columnist Michael Gerson analyze the week's top news stories, including the change in leadership within the Obama administration and House Minority Leader John Boehner's political future. Continue watching
Oct 01 Conversation: Chad Troutwine, Producer of ‘Freakonomics’ By Tom LeGro First a bestselling book, then a popular blog and soon to be a public radio show, the phenomenon that is "Freakonomics" is the brain child of University of Chicago economist Steven Levitt and journalist Stephen Dubner. Now, "Freakonomics" is a… Continue reading
Sep 30 Even As a Small Stockholder, Why Don’t I Have Any Power? Name: Frances Pearson Question: I am a small stockholder. My portfolio is all blue chip. Stockholders in every company are trying to control executive compensation- to no avail. (I vote for all stockholder proposals and do not give my proxy… Continue reading