Aug 12 Wealth: How Does the U.S. Slice the Pie? continued Editor's Note | Aug. 17, 2011: The middle pie represents the income distribution of Sweden. For more, see 'Building a Better America--One Wealth Quintile at a Time' by Dan Ariely and Michael I. Norton. The correct answer was 'Freedonia'… Continue reading
Aug 12 Wealth: How Does the U.S. Slice the Pie? Photo by flickr user sciondriver. Update: Watch Land of the Free, Home of the Poor and Americans Facing More Inequality, More Debt and Now More Trouble? to see the first two parts of Paul Solman's ongoing… Continue reading
Aug 11 How Bad Is the Current Stock Crash? Traders work on the floor of the New York Stock Exchange on Thursday. Photo by Jin Lee/Bloomberg via Getty Images Editor's Note: Given the rollercoaster behavior of the stock market over the past few weeks, we checked… Continue reading
Aug 10 Another Take on a Volatile Market Financial professionals work the phones on the floor of the New York Stock Exchange in New York City. Photo by Chris Hondros/Getty Images. Sorry I didn't post Tuesday, amidst all the turmoil. I was giving a speech at… Continue reading
Aug 08 How to Not Let Mistakes Define You By Paul Solman // We recently reported on the prison initiative of Bard College, a selective school currently running degree programs in five New York prisons. Skeptics of prison reform should take note of one Anthony Cardenales, a former inmate who… Continue reading
Aug 08 How to Not Let Mistakes Define You EmbedVideo(1190, 514, 320); We recently reported on the prison initiative of Bard College, a selective school currently running degree programs in five New York prisons. Skeptics of prison reform should take note of one Anthony Cardenales,… Continue reading
Aug 05 With 117,00 New Jobs in July, a Slight Improvement in the Solman Unemployment Scale By Paul Solman "Employment Report Damned with Faint Praise: It Could Have Been Worse." Thus does Nigel Gault, Chief U.S. Economist of IHS Global Insight, sum up the consensus view of Friday's unemployment numbers. Jobs added in July; upward revision for June. Even… Continue reading
Aug 05 With 117,00 New Jobs in July, a Slight Improvement in the Solman Unemployment Scale By Paul Solman "Employment Report Damned with Faint Praise: It Could Have Been Worse." Thus does Nigel Gault, Chief U.S. Economist of IHS Global Insight, sum up the consensus view of Friday's unemployment numbers. Jobs added in July; upward revision for June. Even… Continue reading
Aug 04 On Dow's Worst Day Since 2008, Running for Cover By Paul Solman A trader bows his head on the floor of the New York Stock Exchange after the closing bell Thursday; photo by Mario Tama/Getty Images. Just back from lunch, at which Brandeis classicists Ann Olga Koloski-Ostrow and Cheryl Walker schooled me… Continue reading
Aug 03 After the Debt Deal, Where's the Market Rally? Traders work on the floor of the New York Stock Exchange during afternoon trading on August 3, 2011 in New York City. The Dow closed 29 points up after a late afternoon rally, recovering from an eight day slump. Continue reading