One of the key consequences of the economic collapse a few years ago was the passage of a massive piece of legislation called the "Dodd-Frank Act." The bill was co-sponsored by (now-retired) Democratic Senator Chris Dodd of Connecticut and (soon-to-be-retired) Democratic Massachusetts Representative Barney Frank.
Originally published on Tue January 24, 2012 9:03 am
Tonight, President Obama is set to deliver the final state of the union address of his first term. Morning Edition's Renee Montagne spoke to White House Senior Adviser David Plouffe for a preview of the president's speech.
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.
Credit Emmanuel Dunand / AFP/Getty Images
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.