We explore the economic philosophy of John Maynard Keynes. His ideas of government spending “priming the pump” during bad times have been applied by American leaders from FDR to Obama. But Keynsian theory continue to spark fierce debate – some feel it’s still the best way out of a slump – but others believe this distorts the free-market and that these ideas have run their course.
Occupy Wall Street members stage a protest march near Wall Street in New York in October. Paul Taylor of the Pew Research Center says the movement has "crystallized" the idea of economic disparity.
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Republican presidential hopeful Mitt Romney addresses a primary night victory rally in New Hampshire on Tuesday. Romney has accused President Obama of engaging in the "politics of envy" by focusing on income inequality.
The widening gulf between the rich and everyone else is a growing source of tension in America.
A new survey from the Pew Research Center finds the income gap is now seen as a bigger source of conflict in the U.S. than race, age or national origin. That's why some believe the issue could matter in the presidential campaign, and others worry it could warp the national debate.
Two out of three Americans now perceive strong social conflicts over the income gap — up sharply from two years ago. Paul Taylor of the Pew Research Center has an idea what's behind the increase.
The New Hampshire primary is about politics – obviously – but it’s also about economics, albeit in a much smaller way. While the rest of the state was watching vote totals and checking on the mood at campaign headquarters, reporter Amanda Loder of StateImpact New Hampshire was looking at the economic effects of the first in the nation primary. She tells All Things Considered host Brady Carlson about what she learned.
In their books, Steven D. Levitt and Stephen J. Dubner use the tools of economics to explore real-world behavior. As boring as that may sound, what they really do is tell stories — about cheating schoolteachers, self-dealing real-estate agents, and crack-selling mama's boys. Those Freakonomics stories — and plenty of new ones — are now coming to the radio, with Dubner as host.
"Skating on thin ice" is the way one New Hampshire economist describes the current state of our economy. New Hampshire is still out performing other states in terms of its unemployment rate and the stability of its housing market, but economic troubles in Europe could mean bad news for the Granite State which relies very much on exports. Also some worry that if the national economy doesn't gain a lot of momentum, New Hampshire's economy could be compromised. Today we look at the New Hampshire economy, examine the good news and not so good news and ask whether 2012 may be the turnaround y
With Christmas and Hanukkah wrapped-up, we've officially reached the pre-New Year's lull. This brief respite from the regularly scheduled holiday cheer is when many people take the opportunity to consider their accomplishments and failures over the past year, and resolve to do better in the future. Other people just go to work for a few days and get really, really bored at their desks as they countdown to their next party.
Either way, it's a bit of a restless period, isn't it?
A New Hampshire developer plans to renovate two mostly-abandoned apartment buildings in Franklin and turn them into affordable housing for working class families. The company, New England Family Housing, plans to buy the 30-unit building for $615,000.
People wait to see a career adviser at a training center operated by the New York Department of Labor in New York City. NPR and the Kaiser Family Foundation conducted a survey on the emotional, physical and financial effects of being without work for a year or more. Nearly 70 percent of respondents would like the government to offer more job training opportunities.
Millions of Americans wake up each morning without a job, even though they desperately want to work. It's one of the depressing legacies of the financial crisis and Great Recession.
NPR and the Kaiser Family Foundation conducted a poll of people who had been unemployed or with an insufficient level of work for more than a year. The results document the financial, emotional and physical effects of long-term unemployment and underemployment.
Dear EarthTalk: Is it true that gas furnaces cost less to run and burn cleaner than their oil counterparts? If I make the switch, how long should I expect it to take for me to pay back my initial investment? And are there any greener options I should consider? -- Veronica Austin, Boston, MA