Experts: Bad Economies Don't Cause Crime Waves
Nov 20th, 2008 · With the U.S. economy's current troubles, many people assume a crime wave is just around the corner. But criminologists say that's just an American myth.
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A Strange Shortage Illustrates The Global Economy
Nov 14th, 2008 · A dearth of shipping containers connects a homeowner in Philadelphia, a grocery shopper in Japan and a farmer in North Dakota, and underscores the interdependence of producers, consumers and economies around the world.
G-20 To Work On Reviving Economic Downturn
Nov 12th, 2008 · Leaders of the world's 20 largest industrial nations and emerging economies meet this week in Washington DC to discuss the global economic downturn. Simon Johnson is a professor at MIT and a former IMF chief economist. He tells Ari Shapiro the meeting could be a springboard for a more fundamental restructuring of the international financial system.
Obama Faces Transition, Many Challenges Ahead
Nov 5th, 2008 · As the president-elect enters the White House, he will have to prosecute two wars, ensure the nation isn't vulnerable to terrorist threat and continue to help the U.S. and world economies get back on their feet after the worst financial crisis since the Great Depression.
Krugman Wins Nobel Prize In Economics ****
Oct 13th, 2008 · This year's Nobel Prize in Economic Sciences has gone to Paul Krugman for his theories on how economies of scale affect international trade. Krugman, a professor of economics and international affairs at the Woodrow Wilson School at Princeton University and a columnist for The New York Times, says he was stark naked, about to step into the shower at 6:40 a.m. when his cell phone rang with the news. He called the award "an awesome surprise."
Columnist Krugman Wins Nobel For Economics **
Oct 13th, 2008 · Princeton economist and New York Times columnist Paul Krugman won the Nobel economics prize on Monday for his analysis of how economies of scale can affect trade patterns and the location of economic activity.
Is The U.S. Still On Top?
Oct 6th, 2008 · Cleverly packaged U.S. sub prime mortgages have contaminated economies around the world. European countries were among the first to realize that hundreds of billions of dollars in toxic mortgage securities were woven into their assets. Will the United States' place in the global economy survive?
Some Economies Suffer As Beijing Cleans Up Air
Aug 20th, 2008 · In an effort to curb air pollution for the Olympics, more than 250 factories in Beijing and nearby towns like Tangshan have been shuttered temporarily. Some factory workers are on vacation for the first time in 20 years.
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