Jul 15 Stand-up Economist: Is China Asia’s Ecuador? By Paul Solman // Stand-up economist Yoram Bauman has now made it to China and filed the second of his vlogs for us from Beijing. We found his comparison of China to Ecuador fascinating. For those who crave a… Continue reading
Jul 14 The Not-So-Golden Years: Are You Better Prepared Than Other Americans? By Paul Solman Explore a compendium of facts on Americans' shortfalls in retirement savings, presented in graphic form. As should always be your habit with poll data, don't try to take the actual numbers to the bank. But as rough approximations,… Continue reading
Jul 14 The Not-So-Golden Years: Are You Better Off Than Other Americans? This is a compendium of retirement shortfall facts, presented in graphic form by Making Sen$e reporter/producer Elizabeth Shell. As should always be your habit with poll data, don't try to take the actual numbers to the bank. Continue reading
Jul 13 Watch Cleveland Manufacturer Welds Together Job Security, Profits Paul Solman looks at a Cleveland company that's handled the economic turmoil differently. Continue watching
Jul 13 The No-Layoff Company — in Ohio By Paul Solman // Editor's Note: On Wednesday's program, a look at an improbable Rust Belt success story. With a guaranteed no-layoff policy and average pay of almost $70,000 this year, Lincoln Electric is atypical of U.S. companies. We last visited the… Continue reading
Jul 13 The No-Layoff Company — in Ohio By Paul Solman // Editor's Note: On Wednesday's program, a look at an improbable Rust Belt success story. With a guaranteed no-layoff policy and average pay of almost $70,000 this year, Lincoln Electric is atypical of U.S. companies. We last visited the… Continue reading
Jul 12 Smacking Into the Debt Ceiling: the Day-by-Day Consequences By Paul Solman Daily U.S. Government Income and Expenditures: Use the slide bar to see how Treasury's cash deficit is projected to grow if the debt ceiling is reached, starting with Aug. 3. Mouse over the red points to see the running deficit… Continue reading
Jul 12 Smacking Into the Debt Ceiling: the Day-by-Day Consequences Daily U.S. Government Income and Expenditures: Use the slide bar to see how Treasury's cash deficit is projected to grow if the debt ceiling is reached, starting with Aug. 3. Mouse over the red points to see the running… Continue reading
Jul 11 ‘Have Wit, Will Travel’ By Paul Solman Economics was dubbed "the dismal science" by 19th century English intellectual Thomas Carlyle. The reason: the Reverend Thomas Malthus' grim prediction, around 1800, that population would inevitably outstrip food supply, since the former grows geometrically (1,2,4,8...), the latter, arithmetically (1,2,3,4...). Continue reading
Jul 11 ‘Have Wit, Will Travel’: The Life of an Economist And Stand-Up Comic By Paul Solman Economics was dubbed "the dismal science" by 19th century English intellectual Thomas Carlyle. The reason: the Reverend Thomas Malthus' grim prediction, around 1800, that population would inevitably outstrip food supply, since the former grows geometrically (1,2,4,8...), the latter, arithmetically (1,2,3,4...). Continue reading