As the country picks itself up from its latest financial spill, it’s vital to consider the assumptions that led people to act the way they did, and to update those assumptions as we move forward.
Here Yale professor Robert Shiller examines the idea that markets “know,” like some omnipotent being, and therefore can never be wrong. [...]
60 minutes anchor Scott Pelley brings some great stories to television. He did an amazing piece on e-waste in China, another on health care in Appalachia.
In this one below, which aired last night, Pelley explains the role of the federal reserve and its chairman, Ben Bernanke, to a lay audience desperately seeking clarification on the economy. However, Pelley [...]
I’ve been sending this link out to anyone who tells me they don’t understand what’s going on in the economy right now, so I thought i’d post here.
also, planet money’s adam davidson had an interview with treasury secretary tim geithner Wednesday. in it, he posed some of the same questions raised in the [...]
