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 [...]
david brooks’ column this week lays out neatly the feelings i and many others have about what’s going on in the country.
brooks sounds like the classic cynic — he wants to believe humans can be more, but he’s seen too much evidence to the contrary. in this way, he serves as the perfect bridge [...]
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 [...]
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. [...]
