Reverbiage: Stories from NPR tagged 'economist'

Obama To Deliver Major Economic Address

Thu, 08 Jan 2009 06:00:00 EST

President-elect Obama suggests his economic stimulus package would add up to about $775 billion over two years, but not the trillion dollar estimate that some economists have called for. Obama delivers a major speech on the economy Thursday. He's expected to make the case for urgent action on his stimulus package — a plan aimed at creating millions of jobs.

How Did Economists Miss The Crash...

Wed, 07 Jan 2009 13:00:00 EST

There are literally hundreds of economists in the U.S. These are people who pour over economic data and prognostications for a living. We explore how they missed the impending crash and what they can do to improve their tarnished reputations.

Dr. Doom Predicted The Economic Collapse

Wed, 07 Jan 2009 13:00:00 EST

There were some economists who saw the collapse coming. New York University economist Nouriel Roubini was labeled Dr. Doom for his prophetic warnings. What are these economists saying about the future now?

Economists Duke It Out Over Stimulus Plan

Fri, 02 Jan 2009 06:00:00 EST

Economists often disagree about ways to solve economic problems. Two economists duke it out in a boxing match of words. In one corner, a supporter of the incoming Obama administration's stimulus plan who says government spending is essential to create jobs. In the other corner, an economist who believes taxpayers — not the federal government — should decide where to spend a trillion dollars of the nation's economy.

Economist: Health Care Key To Stimulus

Thu, 11 Dec 2008 16:50:00 EST

Uwe Reinhardt, professor of economics and public affairs at Princeton University, calls the health care sector the "strongest economic locomotive working for us." He estimates that by 2015, health care will be one-fifth the size of the U.S. economy and says this is a good time to expand health insurance coverage for the uninsured.

Obituary Of Ulrich Inderbinen, From 'The Economist'

Tue, 09 Dec 2008 16:36:00 EST

He scaled all 14,700 feet of the Matterhorn more than 370 times, though he is said to have lost track of the exact number.

Obituary Of Momofuku Ando, From 'The Economist'

Tue, 09 Dec 2008 16:12:00 EST

The patient disciple achieved fulfillment: mouthful upon mouthful of warming, strangely angular noodles, in flavors such as "Hearty Chicken" or "Shrimp Picante".

Obituary of Eddie Clontz, From 'The Economist'

Tue, 09 Dec 2008 15:40:00 EST

Eddie Clontz described himself not as an editor but as a circus-master, drawing readers into his tent with an endless parade of fantasies and freaks.

Financial Regulation: Preventing Another Crisis

Tue, 09 Dec 2008 00:01:00 EST

A lack of oversight, transparency and accountability in financial markets led to the worst crisis in decades. Economists weigh in with advice for President-elect Obama on revamping regulations for Wall Street.

Stimulus Packages Floated Across The World

Mon, 08 Dec 2008 13:00:00 EST

Stimulus packages are being floated globally in countries such as India, Spain, South Korea and China. MIT economist Simon Johnson explores whether a bailout movement is taking shape or whether it's just more of the same.

Jobless Rate Rises To 6.7 Percent

Fri, 05 Dec 2008 16:00:00 EST

The full weight of the recession has come bearing down on the labor market. Employers shed more than half a million jobs in November. The unemployment rate is now 6.7 percent and economists expect it to go significantly higher. Layoffs are accelerating in just about every industry.

In A Recession, Can Consumers Afford To Skimp...

Fri, 05 Dec 2008 00:01:00 EST

The confirmation that the U.S. economy is now officially in recession has the potential to shift people's thinking and spending habits. Penny-pinching in response to hard times can have an effect on the real economy, and some economists warn that could make it harder to dig out of the downturn.

Automakers Get Second Chance To Pitch For Bailout

Thu, 04 Dec 2008 16:26:00 EST

The Senate banking panel has held a hearing on why Congress should give the troubled automakers $34 billion in federal loans. The CEOs of the Big Three automakers, United Auto Workers President Ron Gettelfinger and economist Mark Zandi testified.

Louisiana Seduces Filmmakers With Tax Breaks

Wed, 03 Dec 2008 13:00:00 EST

Several states are trying to boost their budgets by luring Hollywood movie productions. Louisiana even offers tax credits to filmmakers who produce movies in the state. Greg Albrecht, chief economist for Louisiana's legislature, discusses how to justify such incentives in a rough economy.

Economists: U.S. In Recession For 1 Year Already

Tue, 02 Dec 2008 06:00:00 EST

The U.S. economy is in a recession. The National Bureau of Economic Research, which tracks economic cycles, says the downturn began last December. Many economists believe it'll be the most severe since the 1981-82 recession. David Wessel of The Wall Street Journal talks with Steve Inskeep about the economy.

Economists Say U.S. Is In Year-Old Recession

Mon, 01 Dec 2008 13:20:00 EST

The National Bureau of Economic Research says the U.S. economy has been in recession since December 2007. Many economists believe the current downturn will last until the middle of 2009, and will be the most severe slump since the 1981-82 recession.

Ex-Fed Economist Looks To New Administration

Mon, 01 Dec 2008 06:00:00 EST

Government officials have been working to restore confidence in the economy. Allan Meltzer is a former Fed economist and currently teaches at Carnegie Mellon University. He says he has been unimpressed so far with the government's actions. Meltzer tells Steve Inskeep that he has higher hopes for President-elect Barack Obama's economic team.

Economists Predict Bad Year For Chicken Business

Sat, 29 Nov 2008 16:00:00 EST

John Anderson, an agriculture economist at Mississippi State, says the 2009 chicken forecast is not looking so good. He and his peers are predicting a reduction in chicken production for the first time in more than three decades. Anderson tells host Andrea Seabrook why this is happening and its implications for consumers.

Economist House Call: Afraid To Spend

Wed, 26 Nov 2008 15:21:00 EST

Americans are feeling the effects of the financial crisis — whether it's because of a dwindling 401(k) or a home that's lost value or a job that's not so secure. One Rhode Island software developer tells economist Simon Johnson that he has stopped shopping.

Does Shirt Collar Color Matter In Bailouts...

Wed, 26 Nov 2008 06:00:00 EST

A lot of people have been wondering why Wall Street has gotten help from the federal government, but Detroit's Big Three haven't. Nariman Behravesh is chief economist at IHS Global Insight. He tells Steve Inskeep that while it may appear to be white-collar, blue-collar bias, it is not.

Social Services In Jeopardy

Mon, 24 Nov 2008 13:00:00 EST

Given the forecast of a prolonged economic downturn, the country will have to rethink social services such as unemployment insurance and welfare. Princeton economist Alan Blinder offers suggestions on how to rework the social safety net.

Addressing The Threat Of Deflation

Thu, 20 Nov 2008 16:00:00 EST

As central banks continue to slash interest rates almost to zero, prices can plummet. It creates a liquidity trap, as it did in the 1930s and in Japan during the 1990s. Harvard economist Kenneth Rogoff outlines what deflation could mean for modern America.

Demand From Emerging Markets Helps Automakers

Tue, 18 Nov 2008 06:00:00 EST

There's a huge demand for cars in developing countries. The Economist, magazine describes Brazil, Russia, India, and China as "the car industry's big hope." Matthew Symonds, the lead author of the report, tells Steve Inskeep that countries such as Russia, China, India and Brazil represent growth opportunities for Detroit's Big Three automakers.

Is The Economy Heading Into A Deflationary Spiral...

Fri, 14 Nov 2008 06:00:00 EST

One year ago, economists were worried about inflation. Now, they are worried about deflation — prices for everything from corn to soybeans to gold are falling.

Credit-Card Debt May Be Next Problem

Thu, 13 Nov 2008 16:27:00 EST

Some economists are concerned that the next hit to the economy may come from credit card defaults. USA Today economic reporter Kathy Chu talks about parallels between the housing bubble and the market for credit card debt.