Adam Davidson en Dollar-Euro Exchange Rate Can Reveal Pulse Of Global Economy Transcript <p>ROBERT SIEGEL, HOST: <p>And now for our regular primer on global economics, no student loan required. Remember the European economic crisis? Just months ago, there was near panic that the euro zone would collapse, bringing down with it the entire international economy, again. So, how is Europe doing now and what is the overall state of the global economy? Well, one place economists look for answers to those questions is in the exchange rate between dollars and euros.<p>Adam Davidson of NPR's Planet Money team joins us frequently to help us navigate global economics. Tue, 09 Jul 2013 20:45:00 +0000 Adam Davidson 30982 at 4.2 Million Americans Were Hired In January (And 4.1 Million Quit Or Got Fired) One jobs number gets all the attention: The number of jobs lost or gained in the previous month.<p>That number is important. But focusing too much on the net change in jobs can be misleading. It gives the impression that a job is like a widget — it's something that gets made in a factory somewhere, and that we hope exists forever.<p>That's not how it works. Even in good economic times ,new jobs are constantly being created and old jobs are constantly being destroyed. Tue, 12 Mar 2013 18:41:00 +0000 Adam Davidson 23558 at 4.2 Million Americans Were Hired In January (And 4.1 Million Quit Or Got Fired) Raising Revenues Or Taxes — What's The Difference? Transcript <p>AUDIE CORNISH, HOST: <p>We're going to dig into some of those policy differences now between Republicans and Democrats. When it comes to reducing the deficit, both sides insist it's time for compromise. But President Obama says tax cuts for the richest Americans must end.<p>PRESIDENT BARACK OBAMA: When it comes to the top two percent, what I'm not going to do is to extend further a tax cut for folks who don't need it.<p>CORNISH: So, raise taxes on the rich. Republicans say don't raise taxes on anyone. Thu, 15 Nov 2012 21:56:00 +0000 Adam Davidson 16954 at This Man Makes Beautiful Suits, But He Can't Afford To Buy One Peter Frew is one of a tiny number of people left in the United States who can — entirely on his own, using almost no machinery — make a classic bespoke suit. He can measure you, draw a pattern, cut the fabric and then hand-stitch a suit designed to fit your body perfectly.<p>Frew spent more than a decade as an apprentice for a remarkable tailor in his native Jamaica. He now sells his suits for about $4,000. Fri, 07 Sep 2012 07:23:00 +0000 Adam Davidson 12420 at This Man Makes Beautiful Suits, But He Can't Afford To Buy One Scandal That Cost Barclays Chairman His Job Threatens To Spread Every day at 11 a.m., a few big banks tell the British Bankers' Association what it costs them to borrow. Mon, 02 Jul 2012 21:51:00 +0000 Adam Davidson 8030 at Scandal That Cost Barclays Chairman His Job Threatens To Spread Why Matzo Makers Love Regulation <em>For more, see our video, <a href="">Inside The Matzo Factory</a></em>, <em>and see Adam Davdson's latest <a href="" target="_blank">NYT Magazine column</a> </em><p>The matzo business may be the most heavily regulated business in the world.<p>The regulators are rabbis, who stand on the factory floor and make sure that everything adheres to kosher law. Tue, 10 Apr 2012 07:16:00 +0000 Adam Davidson 3031 at Why Matzo Makers Love Regulation The $200,000-A-Year Nanny I met Zenaide Muneton in the offices of the Pavillion Agency in New York, which specializes in hiring house staff for some of the richest folks in the country. Muneton says she knows how to make everything fun for kids, even homework, and that's why she is one of the better paid nannies at the agency. I asked her what that means.<p>"It means over $150,000 a year," Muneton said.<p>Actually, I learned later, it means even more than $150,000 a year. Thu, 29 Mar 2012 07:05:00 +0000 Adam Davidson 2839 at The $200,000-A-Year Nanny Why Are Some Countries Rich And Others Poor? Why are some nations rich and others poor? In a new book called <a href="" target="_blank">Why Nations Fail</a>, a pair of economists argue that a lot comes down to politics.<p>To research the book, the authors scoured the world for populations and geographic areas that are identical in all respects save one: they're on different sides of a border.<p><p>The two Koreas are an extreme example. But you can see the same thing on the border of the US and Mexico, Haiti and the Dominican Republic, and dozens of other neighboring countries. Fri, 16 Mar 2012 17:06:00 +0000 Adam Davidson 2602 at Why Are Some Countries Rich And Others Poor? Meet Claudia, The High-Tech Cow Here's the secret of the modern dairy farm: The essential high-tech advances aren't in machinery. They're inside the cow.<p>Take a cow like Claudia. She lives at Fulper Farms, a dairy farm in upstate New Jersey. Claudia is to a cow from the 1930s as a modern Ferrari is to a Model T.<p>In the 1930s, dairy farmers could get 30 pounds of milk per day from a cow. Claudia produces 75 pounds a day.<p>To appreciate a cow like Claudia, you have to know where to look.<p><p>"You see her udder? How well attached, how high it is?" says Robert Fulper, who runs the farm. Fri, 09 Mar 2012 05:01:00 +0000 Adam Davidson 2426 at Meet Claudia, The High-Tech Cow A Revival In American Manufacturing, Led By Brooklyn Foodies <em></em>One day Chris Woehrle decided to finally leave his corporate job and pursue his dream: to become an artisanal food craftsman. And so, every day at home, he'd basically pickle stuff.<p>"I had a refrigerator full of plastic food buckets that were full of pickles and kimchee and sauerkraut and harissa and salsa and ketchup and mustard and, you know, any kind of craft food you could make," Woehrle says.<p>Woehrle lives in Brooklyn, where shops are filled with handcrafted, grass-fed, organically raised whatever. Too much of it, in fact. Fri, 24 Feb 2012 05:01:00 +0000 Adam Davidson 2112 at A Revival In American Manufacturing, Led By Brooklyn Foodies What Do The Dow's Daily Swings Mean? Not Much. Turn on the news on any given day, and you're likely to hear about the Dow Jones industrial average. It is the most frequently checked, and cited, proxy of U.S. economic health. But a lot of people — maybe most — don't even know what it is. It's just the stock prices of 30 big companies, summed up and roughly averaged. That's it.<p>And what does the daily movement of this number have to do with the lives of most Americans? Thu, 09 Feb 2012 05:01:00 +0000 Adam Davidson 1795 at What Do The Dow's Daily Swings Mean? Not Much.