Paddy Hirsch is a Senior Editor at Marketplace. He is the author of the book Man vs Markets, Economics Explained, Pure and Simple, and he is the creator and host of Marketplace Whiteboard, a video explainer of financial and economic terms.

Hirsch joined Marketplace in 2007, just as the credit crunch that preceded the 2008 financial crisis began to take hold.  As editor of the New York Bureau and the entrepreneurship desk, he spearheaded Marketplace’s financial markets coverage throughout the crisis and as the economy fell into recession. He was awarded a Knight Fellowship at Stanford University in 2010, and he returned to Marketplace in July of 2011, when he was appointed Senior Producer of Marketplace Money. He published his first book, Man vs Markets, in August 2012.

Hirsch got his start in journalism with an internship at the BBC in Glasgow, Scotland. He became a field producer for CNBC in Hong Kong and later was a consultant to the Open Broadcast Network in Bosnia. He has been an editor for Direct Capital Markets, Institutional Investor Newsletters, Standard & Poor’s, and the Vietnam Economic Times. Prior to becoming a journalist, he served as an officer in the Royal Marines.

Hirsch attended Campbell College in Belfast and received a bachelor’s degree in French and International Studies from the University of Warwick. He is a Knight Fellow and was a Webby honoree in 2009.

 

Features By Paddy Hirsch

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When a company gives 'guidance': An explainer

Google's profit dropped 11 percent and the company's stock jumped. How does that work?
Posted In: guidance, Earnings, whiteboard
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What is an index fund?: An explainer

An index is quite simply a basket of shares.
Posted In: index funds
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What happens when you shout "buy!"

Michael Lewis' book, "Flash Boys," reveals a great deal, including people's confusion about the stock market
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The IRS labels bitcoin an asset

The IRS says bitcoins should be counted as assets for tax purposes. And that means what, exactly? Marketplace's Paddy Hirsch explains.
Posted In: bitcoin, Cryptocurrency, assets, IRS
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How feeling rich helps the economy: An explainer

When we feel wealthy, we spend more. It’s called the wealth effect.
Posted In: wealth effect
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What is wealth? A tutorial

A lot of people think that wealth is money. But that's only half the story.
Posted In: wealth, explainer
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The magic of compounding: An explainer

Compounding is one of the best tools out there to build wealth.
Posted In: compounding, interest
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How borrowing money can create wealth: Explainer

There are a million get-rich schemes out there, but here's one of the oldest: borrowing.
Posted In: borrowing, debt
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Explainer: Why can't we cap CEO pay?

Switzerland recently toyed with the idea of capping CEO pay at 12 times the amount of the lowest-paid worker.
Posted In: ceo pay, wages
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Explainer: the charitable tax deduction

If you give $1,000 to charity, that reduces your taxable income by $1,000, because there’s less for the government to tax.
Posted In: whiteboard, Charity

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