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 had the brief pleasure of meeting Rick Santelli when I toured the Chicago Board of Trade last year as part of an advanced economics reporting class at the Medill School of Journalism. I was much more of a neophyte to financial wizardry then, and had trouble keeping up with the mile-a-minute mind of Santelli. [...]
