Jan 22 Is There An “Economic Event” That Will Change the Economics Profession? Question/Comment: Dear Mr. Solman, Is there an “economic event”, or re-discovery of economic history that can impact the incredible ideological stranglehold on the economics “profession?” In my opinion we have sacrificed rigorous econometrics on the altar of existence theorems, Diophantine… Continue reading
Jan 21 Watch Clinton Confirmed for State, Congress Works on Stimulus Congress officially began working on the $825 billion stimulus package offered by House Democrats today and Hillary Clinton was confirmed as Secretary of State. Jim Lehrer reports on these events and the other news of the day. Continue watching
Jan 21 Watch On First Day in Office, Obama Tackles the Economy, Iraq On his first full day in office, President Barack Obama set to work on the top issues facing his administration including the economy and the war in Iraq and signed an executive order on ethics for White House employees. Kwame… Continue watching
Jan 20 Watch Senate Confirms Several Obama Nominees on Inauguration Day The Senate confirmed several of the Obama administration's Cabinet choices but delayed voting on Hillary Clinton for secretary of state. Jim Lehrer reports on the day's events. Continue watching
Jan 19 Watch Auto Industry Shows Small Signs of Recovery at Annual Detroit Show At the annual Detroit auto show, car enthusiasts were not letting the frigid weather or drab economic climate deter them. Fred de Sam Lazaro gives an update from Detroit on the state of the auto industry and its efforts to… Continue watching
Jan 19 Watch Recession Hurts Ranchers Who’ve Seen Price of Stock Plummet The recession is squeezing cattlemen on all sides, with the costs of supplies rising and beef prices down. Tom Bearden reports from the National Western Stock Show on how the plummeting economy is hurting ranchers. Continue watching
Jan 16 Dodge Foundation Cancels Poetry Festival The largest poetry festival in North America has just become the latest victim of the financial crisis. The Geraldine R. Dodge Foundation announced Friday in a letter to supporters that it will cancel the next Dodge Poetry Festival. Continue reading
Jan 16 Are You Moving in With Friends to Save Money? Question/Comment: I heard Paul Solman say yesterday… wait, you are Paul Solman… that the economy is so bad, lots of people are now moving in with friends to save money. Is this really true? Paul Solman: In the interests of… Continue reading
Jan 14 Watch Economists Place Their Bets With Predictions for 2009 In the second of his new series on making sense of financial news, Paul Solman asks economists for predictions for the year ahead and interviews "standup economist" Yoram Bauman, who mines financial news for comedic material. Continue watching
Jan 13 Watch Energy, Education Nominees Begin Confirmation Hearings Along with Secretary of State nominee Hillary Clinton, the nominees for Secretary of Education and Secretary of Energy began their Senate confirmation hearings Tuesday on Capitol Hill. Ray Suarez reports on the process. Continue watching