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Recession

The Leonard Lopate Show

The CEOs Who Stayed On After The Financial Crisis

Wednesday, March 18, 2015

Most of the CEOs who led Wall Street to the brink of collapse in 2008 got huge payouts as their firms went under, but others stayed at the helm.

Comments [16]

The Leonard Lopate Show

Could The 2008 Recession Have Been Avoided? Lessons From the Great Depression

Thursday, January 08, 2015

Barry Eichengreen compares the Great Depression of the 1930s and the Great Recession, which began in 2008, in his new book Hall of Mirrors.

Comments [14]

The Takeaway

America's Sunny Afternoon? Updating Reagan's 'Morning in America'

Wednesday, January 07, 2015

In 1984 President Ronald Reagan declared "morning in America" in a campaign ad in his race against Walter Mondale. Three decades later, is it finally afternoon?

Comments [1]

The Takeaway

Economic Forecast Is Bright, But Not for All

Friday, December 05, 2014

New job numbers for November are promising. The catch: we were in a really deep hole. To reach pre-recession numbers, more people still need to get hired and see their wages go up.

Comment

Money Talking

Lehman Brothers Didn't Have to Go Bankrupt

Friday, October 03, 2014

Six years after filing for bankruptcy and igniting the financial crisis, new reporting suggests the government could have bailed out the bank and saved it. 

Comment

WNYC News

New Jersey's Handling of Food-Stamps May Lead to Cuts

Thursday, September 25, 2014

The end of the "Heat and Eat" program and possible cuts in federal funding frustrate state legislators.

Comments [1]

FT Big Read

US unemployment: a long term trap?

Wednesday, April 30, 2014

A long term trap? James Politi reports on US joblessness

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The Takeaway

The Economy Tells a Tale of 2000 Cities

Tuesday, March 04, 2014

According to a new report out from the Demand Institute, local housing markets, when coupled with income and employment, are often the strongest predictors of local and national economic outlook. John Guarisco is the executive manager at MDI Marketing in Spokane, Washington, and Mark Dolfini is the owner of June Palms Property Management, in Lafayette, Indiana, both cities considered to be "transitional." And joining The Takeaway is Louise Keely, chief research officer for The Demand Institute and co-author of the report.

Comments [5]

The Takeaway

Economist Claims U.S. Economic Recovery Best Yet

Tuesday, January 14, 2014

While most economists are still arguing about why our economy still has such a long way to go, Kenneth Rogoff, a professor of economics and public policy at Harvard University and former chief economist of the International Monetary Fund, says that when comparing past recessions and crashes, the U.S. economy is performing fairly typically. As an economist familiar with controversy, Rogoff joins The Takeaway to discuss his provocative premise.

Comments [2]

The Takeaway

A European Perspective on the Recession & Recovery

Thursday, November 21, 2013

Have American financial regulators and investors really learned from the mistakes that set off the financial crisis five years ago? Faisal Islam is the economics editor for Channel 4 News and author of “The Default Line: The Inside Story of People, Banks, and Entire Nations on the Edge.” He says so much of the story behind the financial collapse is one of excessive risk and recklessness. He joins the program to provide the British perspective on global financial crisis and why the story of the collapse is actually a series of portraits rather than a series of ideas.

Comments [2]

The Takeaway

Stories of Living in a Paycheck to Paycheck World

Wednesday, November 13, 2013

Roughly three-quarters of Americans are living paycheck-to-paycheck, with little to no emergency savings. We asked about the days of the month that are better or worse for your budget, and about the rhythm of the checks that come in and out of your bank account. Listener Katrina Paschal works in health care administration in Rockford, Illinois—a city with a 13 percent unemployment rate. She is lucky to have a job, but she still lives paycheck to paycheck.

Comments [14]

World Weekly with Gideon Rachman

Spain: a cautious return to growth

Wednesday, October 30, 2013

Spain: a cautious return to growth

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WNYC News

Report: New Yorkers Pay a Price for Longer Unemployment

Wednesday, August 28, 2013

A new report on the status of workers finds the period since the 2008 market crash may turn out to have long-term effects for New Yorkers, as wages stagnate and the average time for unemployment lengthens.

Comments [1]

The Leonard Lopate Show

Building a New Economic System

Thursday, June 20, 2013

Many Americans are frustrated with our economic system and are worried that it is failing. Gar Alperovitz argues that the time is right for a new-economy movement to take shape to build a new system In What Then Must We Do? he proposes a new economic system that is not corporate capitalism, not state socialism, but something entirely American.

Comments [17]

The Leonard Lopate Show

How the 99 Percent Live in the Great Recession

Tuesday, April 02, 2013

Barbara Garson talks about the human costs of our economic recession and slow recovery. In Down the Up Escalator: How the 99 Percent Live in the Great Recession, Garson interviewed an economically and geographically wide variety of Americans to show how loss and insecurity is affecting their lives.

Comments [22]

The Leonard Lopate Show

Alan Blinder on Financial Crisis, the Response, and the Work Ahead

Thursday, January 31, 2013

Alan Blinder, Princeton professor, Wall Street Journal columnist, and former vice chairman of the Federal Reserve Board, explains how the worst economic crisis in postwar American history happened, what the government did to address it, and what is still left to do. In After the Music Stopped: The Financial Crisis, the Response, and the Work Ahead Blinder argues that the U.S. financial system became too complex and too unregulated, which created a perfect storm beginning in 2007. He makes the case for government intervention and explains how it prevented a total financial meltdown.

Comments [27]

The Leonard Lopate Show

Paul Krugman on the Economy

Tuesday, January 29, 2013

Are we on the road to recovery? Nobel Prize-winning economist Paul Krugman talks with Leonard Lopate.

Comments [63]

The Takeaway

Pittsburgh One of Only Three U.S. Cities to Have Fully Recovered from the Recession

Wednesday, December 12, 2012

The third stop on our road to recovery is in Pittsburgh. Pittsburgh officially reached pre-2007 levels for both GDP per capita and employment, and its most recent unemployment levels come in just under the national average. Pittsburgh Mayor Luke Ravenstahl discusses his city's road to prosperity.

Comments [1]

The Takeaway

Dallas Is One of Only Three U.S. Cities that Has Recovered Fully from the Recession

Tuesday, December 11, 2012

Last week the Brookings Institution named Knoxville, Dallas, and Pittsburgh the only three American cities to have officially emerged from the recession. And Dallas is not just an oil town anymore. Technology and finance are driving the city’s growing economy. Mayor Mike Rawlings shares the city's recipe for growth.

Comments [4]

The Takeaway

Knoxville One of Three American Cities "Fully Recovered" from Great Recession

Monday, December 10, 2012

What do Pittsburgh, Dallas, and Knoxville have in common? Recent findings from the Brookings Institution show that these three cities are the only major metropolitan areas in the United States that are experiencing an economic recovery since the recession ended in 2009. Knoxville's Mayor Madeline Rogero tells us more about her city's recovery.

Comments [4]