Paul Krugman’s Nobel Prize in Economics

Paul Krug­man is main­ly known in the States as an econ­o­mist who writes fre­quent­ly for The New York Times. Mean­while, few real­ly know much about his seri­ous aca­d­e­m­ic work. Now that’s he’s been award­ed the Nobel Prize, it’s worth giv­ing you a quick feel for it. Here’s Krug­man giv­ing you the gist in his own words (iTunes — Rss Feed — Stream).

A Brief History of the 1929 Crash

With the gyra­tions of the world mar­kets, 1929 was sud­den­ly very present last week. All too present. What real­ly went down in ’29? Below we present “The Crash of 1929,” a doc­u­men­tary that aired as part of PBS’ The Amer­i­can Expe­ri­ence Series. Part 1 appears below. You can get the remain­ing parts here: Part 2, Part 3, Part 4 and Part 5.

Relat­ed Con­tent

Free Pres­i­den­tial Biogra­phies on iTunes: FDR and Beyond

 

 

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The 2nd Presidential Debate in Ten Easy Minutes

In case you missed it, here’s a paired down ver­sion of last night’s sec­ond pres­i­den­tial debate in all of its unin­spir­ing glo­ry:

via Talk­ing Points Memo

Joseph Stiglitz on Managing the Global Credit Crunch

As part of our effort to pro­vide insight into the ongo­ing cred­it cri­sis, we present a talk just giv­en at Oxford Uni­ver­si­ty by the Nobel Prize win­ning econ­o­mist, Joseph Stiglitz (iTunes — Rss Feed). The author of Glob­al­iza­tion and its Dis­con­tents uses the talk as an oppor­tu­ni­ty to out­line the events that con­tributed to the glob­al cred­it cri­sis, and the future reg­u­la­tions that could get us back on track. The talk runs a good hour, and it takes about 20–25 min­utes for Stiglitz to real­ly focus on the cred­it crunch, and about 45 min­utes before he starts dis­cussing tan­gi­ble solu­tions. Don’t expect any mag­ic bul­lets, any short term solu­tions that will get the cur­rent cri­sis under con­trol. It’s more prag­mat­ic long-term solu­tions that you’ll find here.

Relat­ed Con­tent:

The Finan­cial Cri­sis Explained

Ten Days That Shook The Finan­cial World

This Amer­i­can Life Demys­ti­fies The Cred­it Cri­sis

 

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Tina Fey Does Sarah Palin Round #3

Here’s SNL’s satire of last week’s wide­ly viewed vice pres­i­den­tial debate. Thanks to Tina Fey’s impres­sion of Palin, SNL’s rat­ing are up 40% over last year. Quite a boon for NBC.

You can get Rounds 1 and 2 here and here.

 

 

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The Global Challenges Facing The Next U.S. President

CNN recent­ly host­ed a con­ver­sa­tion with sev­er­al recent Sec­re­taries of State, and they all dis­cussed the major chal­lenges that Barack Oba­ma or John McCain will be fac­ing next year. This is no ordi­nary time, and it’s rare to find Hen­ry Kissinger, Madeleine Albright, War­ren Christo­pher, Col­in Pow­ell, and James Bak­er all sit­ting on the same stage and offer­ing their advice. Below, we have post­ed the first seg­ment. You can watch the remain­ing parts here.

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China’s Space Walk: Fresh Footage

As US stock declines, Chi­na’s stock keeps going up. It’s the sto­ry of the decade, real­ly. Here’s footage from Chi­na’s first space walk this past week …

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MAD Parodies the Bailout: “Smells Like Greed Spirit”

Straight from Boing­Bo­ing: The new MAD Mag­a­zine art­work below. Glad some­one can find a lit­tle humor in this…

(PS Also see Boing­Bo­ing’s piece on the chang­ing WaMu web site.)

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