Paul KrugÂman is mainÂly known in the States as an econÂoÂmist who writes freÂquentÂly for The New York Times. MeanÂwhile, few realÂly know much about his seriÂous acaÂdÂeÂmÂic work. Now that’s he’s been awardÂed the Nobel Prize, it’s worth givÂing you a quick feel for it. Here’s KrugÂman givÂing you the gist in his own words (iTunes — Rss Feed — Stream).
With the gyraÂtions of the world marÂkets, 1929 was sudÂdenÂly very present last week. All too present. What realÂly went down in ’29? Below we present “The Crash of 1929,” a docÂuÂmenÂtary that aired as part of PBS’ The AmerÂiÂcan ExpeÂriÂence Series. Part 1 appears below. You can get the remainÂing parts here: Part 2, Part 3, Part 4 and Part 5.
As part of our effort to proÂvide insight into the ongoÂing credÂit criÂsis, we present a talk just givÂen at Oxford UniÂverÂsiÂty by the Nobel Prize winÂning econÂoÂmist, Joseph Stiglitz (iTunes — Rss Feed). The author of GlobÂalÂizaÂtion and its DisÂconÂtents uses the talk as an opporÂtuÂniÂty to outÂline the events that conÂtributed to the globÂal credÂit criÂsis, and the future regÂuÂlaÂtions that could get us back on track. The talk runs a good hour, and it takes about 20–25 minÂutes for Stiglitz to realÂly focus on the credÂit crunch, and about 45 minÂutes before he starts disÂcussing tanÂgiÂble soluÂtions. Don’t expect any magÂic bulÂlets, any short term soluÂtions that will get the curÂrent criÂsis under conÂtrol. It’s more pragÂmatÂic long-term soluÂtions that you’ll find here.
Here’s SNL’s satire of last week’s wideÂly viewed vice presÂiÂdenÂtial debate. Thanks to Tina Fey’s impresÂsion of Palin, SNL’s ratÂing are up 40% over last year. Quite a boon for NBC.
CNN recentÂly hostÂed a conÂverÂsaÂtion with sevÂerÂal recent SecÂreÂtaries of State, and they all disÂcussed the major chalÂlenges that Barack ObaÂma or John McCain will be facÂing next year. This is no ordiÂnary time, and it’s rare to find HenÂry Kissinger, Madeleine Albright, WarÂren ChristoÂpher, ColÂin PowÂell, and James BakÂer all sitÂting on the same stage and offerÂing their advice. Below, we have postÂed the first segÂment. You can watch the remainÂing parts here.
As US stock declines, ChiÂna’s stock keeps going up. It’s the stoÂry of the decade, realÂly. Here’s footage from ChiÂna’s first space walk this past week …
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