Blogs & Podcasts for the Financial Crisis

There’s no doubt about it. We’re liv­ing in inter­est­ing times, as the Chi­nese curse goes, and they won’t be going away any time soon. Most of us can’t afford to ignore what’s hap­pen­ing here. So, below, I have high­light­ed a num­ber of blogs and pod­casts that help make intel­li­gent sense of this eco­nom­ic deba­cle. Here they go…

  • Plan­et Mon­ey: NPR is doing a great job of cov­er­ing the unwind­ing glob­al econ­o­my. The Plan­et Mon­ey blog is a good read, and it includes an essen­tial read­ing list. But the accom­pa­ny­ing pod­cast is one that I fol­low reg­u­lar­ly. It’s a must. And it’s gen­er­al­ly enter­tain­ing. You can access it here:  iTunes — Rss Feed — Web Site. (Note: the last episode is not the best exam­ple of what it’s usu­al­ly about.)
  • Econo­Talk: Econ­Talk was vot­ed “Best Pod­cast” in the 2008 Weblog Awards. Host­ed by Russ Roberts (out of George Mason Uni­ver­si­ty), the show “fea­tures one-on-one dis­cus­sions with an eclec­tic mix of authors, pro­fes­sors, Nobel Lau­re­ates, entre­pre­neurs, lead­ers of char­i­ties and busi­ness­es, and peo­ple on the street.” You can access the show via the fol­low­ing chan­nels: iTunes — RSS Feed — Web Site.
  • The Base­line Sce­nario: Ded­i­cat­ed to “explain­ing some of the key issues in the glob­al econ­o­my and devel­op­ing con­crete pol­i­cy pro­pos­als,” The Base­line Sce­nario is writ­ten, among oth­ers, by Simon John­son, for­mer chief econ­o­mist of the Inter­na­tion­al Mon­e­tary Fund, who is now a pro­fes­sor at the MIT Sloan School of Man­age­ment. Although rel­a­tive­ly young, the blog has received a fair amount of acclaim as the finan­cial cri­sis has unfold­ed. You may want to par­tic­u­lar­ly check out their col­lec­tion of con­tent called Finan­cial Cri­sis for Begin­ners.
  • Real­time Eco­nom­ic Issues Watch:  Here, senior fel­lows of the Peter­son Insti­tute for Inter­na­tion­al Eco­nom­ics (a think tank based in Wash­ing­ton) “dis­cuss and debate their respons­es to glob­al eco­nom­ic and finan­cial devel­op­ments as they occur each day and offer insights that oth­ers might over­look.”  You will find some of the folks from the Peter­son Insti­tute also appear­ing on the pod­casts and blogs men­tioned else­where on this list. Find the RSS feed here.
  • Paul Krug­man: A Prince­ton Uni­ver­si­ty econ­o­mist, a Nobel Prize Win­ner, a New York Times op-ed writer, Paul Krug­man is blog­ging the glob­al finan­cial and eco­nom­ic cri­sis dai­ly. It’s an opin­ion that you can’t afford to take light­ly. You’ll also want to see his new­ly released book, The Return of Depres­sion Eco­nom­ics and the Cri­sis of 2008.
  • Econ­o­mists’ Forum: Run by the Finan­cial Times (UK), this blog brings togeth­er a large num­ber of econ­o­mists who offer a run­ning com­men­tary on the state of the frag­ile econ­o­my. The Wall Street Jour­nal has its own real time blog here.
  • New­sHour with Jim Lehrer: The PBS night­ly news pro­gram almost always includes an infor­ma­tive seg­ment ded­i­cat­ed to the finan­cial news of the day. The cov­er­age, which typ­i­cal­ly includes inter­views with experts, is excel­lent. You can down­load the pod­cast here: iTunes — Feed — Web Site
  • The Beck­er-Pos­ner Blog: While not updat­ed as fre­quent­ly as Krugman’s blog, The Beck­er-Pos­ner blog is a great place to read the thoughts of two Nobel prize win­ning econ­o­mists (Gary Deck­er and Richard Pos­ner) dis­cuss the cur­rent eco­nom­ic cri­sis. Thanks Bryce for the tip.
  • This Amer­i­can Life: One of NPR’s beloved pro­grams has offered some excel­lent cov­er­age of the finan­cial cri­sis. It start­ed with a show called The Giant Pool of Mon­ey (May 2008), and it has since includ­ed a pro­gram called Anoth­er Fright­en­ing Show about the Econ­o­my (Novem­ber 2008). Now there is a new one called Bad Bank, which explains what’s real­ly hap­pen­ing in the train­wrecks that are banks. These pro­grams were put togeth­er part­ly by mem­bers of the Plan­et Mon­ey pod­cast men­tioned above.

Are we miss­ing some­thing good? Please let us know in the com­ments below…

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The New Kindle and the Audio Book Threat

It took until Feb­ru­ary 26, but I final­ly got my back­o­rdered x‑mas present — the Kin­dle 2 (check it out here). There’s a lot to like about it. It’s thin & light. The screen is very read­able. It holds a ton of books (1500). It down­loaded War & Peace in a mat­ter of sec­onds. The bat­tery life is long. And as for the oth­er good stuff, you can read Wal­ter Moss­berg’s review in The Wall Street Jour­nal.

But noth­ing is per­fect, and I’m under­whelmed by the Kindle’s new text-to-audio func­tion­al­i­ty, which the­o­ret­i­cal­ly turns any book into an instant audio book. The com­put­er­ized voice is rather painful to lis­ten to. The rhythms and into­na­tions are off. The sub­tleties of the human voice just aren’t there.  I doubt that this func­tion­al­i­ty will get much use. But it is not stop­ping the Authors Guild from com­plain­ing.

Ear­li­er this week, Roy Blount Jr., the Guild’s pres­i­dent, wrote an op-ed in the NYTimes (“The Kin­dle Swin­dle”) ques­tion­ing the legal­i­ty of the new fea­ture, and com­plain­ing that it deprives authors of rev­enue from audio book rights. Per­haps some day, when this tech­nol­o­gy dra­mat­i­cal­ly improves, Blount may have a point. But, for now, the Kin­dle does­n’t plau­si­bly pose much threat to com­mer­cial­ly-sold audio books. Indeed, you only need to remem­ber that Ama­zon bought Audi­ble, the largest provider of com­mer­cial audio books in the US, and has already inte­grat­ed Audi­ble into the Kin­dle. (Thanks Gideon for point­ing that out.) Is Ama­zon going to let text-to-voice under­mine its Audi­ble invest­ment? Not a chance. In the mean­time, I should note that you can test out Audi­ble’s ser­vice and down­load two free audio books along the way. Not a bad deal.

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Allan Bloom on YouTube

Allan Bloom, per­haps best remem­bered for his con­tro­ver­sial best­seller The Clos­ing of the Amer­i­can Mind, spent his career study­ing and lec­tur­ing on the great books, writ­ing exten­sive­ly on Pla­to, Shake­speare, Rousseau, Hegel and oth­ers. Per­haps not ter­ri­bly sur­pris­ing­ly, some of his lec­tures have popped up on YouTube. (What does­n’t even­tu­al­ly pop up there?) The lec­tures are actu­al­ly audio record­ings with some pho­tos mixed in, and above we’ve post­ed the first in a series of lec­tures on Pla­to’s Apol­o­gy. The rest of the Pla­to lec­tures can be found here. The gen­er­al col­lec­tion is here. And remem­ber, you can get hun­dreds of free uni­ver­si­ty course here.

Via The Dai­ly Dish

Public Radio on the iPhone

Here’s a quick fyi for iPhone users: The Pub­lic Radio Tuner, a free app avail­able on iTunes, gives you (free) access to hun­dreds of pub­lic radio streams from across the US. Released in late Jan­u­ary, the Tuner brings togeth­er feeds from NPR, Amer­i­can Pub­lic Media, and PRI, among oth­ers. This is a handy way to lis­ten wire­less­ly to local news and cul­tur­al pro­gram­ming, plus many well-known shows (All Things Con­sid­ered, Fresh Air, Car Talk, etc.) So far, the app works like a charm. You can down­load it here, or vis­it this web site to learn more about this new ini­tia­tive.

Last­ly, if you don’t have an iPhone, then this page does a good job of aggre­gat­ing pub­lic radio feeds, and you can always lis­ten to them as pod­casts on your com­put­er or mp3 play­er. Def­i­nite­ly worth a look…

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Newspaper Front Pages from Across the World

What’s the main news sto­ry of the day? It depends on where you live.

New­se­um has a handy web page that let’s you visu­al­ly scan the front page of over 700 news­pa­pers across 80 coun­tries. Open this web page, click on a con­ti­nent, then click on a dot with­in a par­tic­u­lar geo­graph­ic area, and you’ll see what an indi­vid­ual paper thinks mat­ters most today, tomor­row and the next day. It’s a pret­ty handy tool.

Sad­ly, as I looked at these maps, I could­n’t help but won­der (giv­en the state of news­pa­per busi­ness) how many of these dots will dis­ap­pear over time. Or, as my col­league put it, how long is it before the news­pa­per, as we know it, becomes an actu­al rel­ic of a muse­um. “New­se­um” may real­ly become a new­se­um.

If you want to track the grim demise of the print indus­try, you can fol­low The Media is Dying on Twit­ter. On an hour-to-hour basis, it records the grim unwind­ing of var­i­ous news­pa­pers and mag­a­zines. And, while you’re at it, you can fol­low our Twit­ter feed here, too. It’s a hap­pi­er feed, I promise.

Thanks Denise for the heads up on this one. Got a cool piece of cul­tur­al media? Send it our way.

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The American Future

Through his books and doc­u­men­taries, Simon Schama, a British born his­to­ri­an, has cov­ered a lot of fer­tile ground. The French Rev­o­lu­tion, the slave trade, the pow­er of art, Rem­brandt, ear­ly mod­ern Dutch cul­ture, the his­to­ry of Britain — Schama has cov­ered it all. And now he has pulled a Toc­queville on us. He spent the bet­ter part of a year trav­el­ing across Amer­i­ca, siz­ing it up, and pro­duc­ing a lengthy TV doc­u­men­tary (now avail­able on DVD) and a relat­ed book (not avail­able in the US yet) called The Amer­i­can Future: A His­to­ry. His analy­sis of Amer­i­ca, of its past and its future, takes into account sev­er­al major themes: reli­gion, immi­gra­tion, land and resources, and war. In this recent con­ver­sa­tion with Bill Moy­ers, Schama talks at length about Amer­i­ca and where it finds itself today. The first 15 min­utes focus on Oba­ma and the chal­lenges he faces. The remain­ing part gets into themes dis­cussed in The Amer­i­can Future. You can access it here: iTunes — Feed — Web Site.

P.S. I am real­ly sor­ry about the frus­trat­ing down­time this morn­ing. My host­ing ser­vice — Dreamhost — had some “issues.” Hope­ful­ly this was an excep­tion.

If Life Were Only Like This …

Some­how my mind turned back today to this clas­sic scene from Annie Hall — Woody Allen’s 1977 Acad­e­my Award­ing-win­ning film. The scene fea­tures Woody, Diane Keaton, and a cameo by Mar­shall McLuhan, who gave us media the­o­ry and the expres­sion “the medi­um is the mes­sage.” The bit is always good for a laugh.

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Stanford Online Writing Courses — The Spring Lineup

A quick fyi: This morn­ing, Stan­ford Con­tin­u­ing Stud­ies opened up reg­is­tra­tion for its spring line­up of online writ­ing cours­es. Offered in part­ner­ship with the Stan­ford Cre­ative Writ­ing Pro­gram (one of the most dis­tin­guished writ­ing pro­grams in the coun­try), these online cours­es give begin­ning and advanced writ­ers, no mat­ter where they live, the chance to refine their craft with gift­ed writ­ing instruc­tors.

As you will see, there are a cou­ple of cours­es offered in con­junc­tion with The New York Times. The idea here is that you’ll learn writ­ing from a Stan­ford  writ­ing instruc­tor and then get your work reviewed by a Times book crit­ic. Quite a perk, I must say.

For more infor­ma­tion, click here, or sep­a­rate­ly check out the FAQ.

Caveat emp­tor: These class­es are not free, and I helped set them up. So while I whole­heart­ed­ly believe in these cours­es, you can take my views with a grain of salt.

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The Unrepentant Terrorist? A Conversation with Bill Ayers

Bill Ayers, founder of the Weath­er Under­ground and favorite whip­ping boy of the failed McCain cam­paign, gives a primer on the sum­mer of ’68, dis­cuss­es his favorite tat­too, and explains how the Chica­go Police Depart­ment now loves him. The inter­view was con­duct­ed by a col­league of mine, Scott Hutchins, and you have to like the iron­ic way it begins:

…our inter­view [start­ed] with a bomb scare. We sat down on the couch in a busy hotel lob­by and a wor­ried secu­ri­ty guard approached. “Is that your bag?” she asked, point­ing to a back­pack and coat that were def­i­nite­ly not ours. “Nope,” we said. “Oh boy,” she said. She asked a few oth­er peo­ple. The own­er was not there. She radioed in. I con­sid­ered the irony of being blown up while inter­view­ing Bill Ayers. I fig­ured it would at least get me a wikipedia entry.

Get the full inter­view over at The Rum­pus.

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Stream the New U2 Album

U2’s next album, No Line on the Hori­zon, will be released inter­na­tion­al­ly in ear­ly March. But not ter­ri­bly sur­pris­ing­ly the album is already being cir­cu­lat­ed (not legal­ly) on Bit­Tor­rent. And this has moti­vat­ed the band to give fans free access to a streamed ver­sion on MySpace. To lis­ten, just click here, scroll down to the music play­er, and tog­gle the “Fea­ture Playlist” to No Line on the Hori­zon. You should be able to access the album in its entire­ty.

Dylan and Baez Sing Blowin’ in the Wind

Some­where back in the 1970s, Bob Dylan and Joan Baez teamed up again to sing Blowin’ in the Wind. Quite the duet, which we’ve added to our YouTube Favorites.  As men­tioned a few weeks back, Dylan recent­ly agreed to lend this clas­sic song to a TV com­mer­cial for an eth­i­cal bank­ing and retail group in the UK. You can now see this rare com­mer­cial­iza­tion of a Dylan song over at the Guardian. Thanks Stephen for flag­ging that.


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