Paddy Hirsch is the Senior Producer, Personal Finance at Marketplace. He oversees the production of content related to personal finance for all of the Marketplace shows and for Marketplace.org. 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.  He was an editor of the New York Bureau and the entrepreneurship desk throughout the crisis and he spearheaded Marketplace’s financial markets coverage as the economy slipped into recession. He was awarded a Knight Fellowship at Stanford University in 2010, and he returned to Marketplace in July of 2011. 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.

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.

Hirsch was born in Weymouth, England, raised in Ireland and currently resides in Los Angeles.  During his free time, he is a runner, mountaineer, surfer and consumer of East and Southeast Asian cuisine.

Features By Paddy Hirsch

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How to start investing for retirement in your 50s

In our weekly letters segment, CBS MoneyWatch Editor-at-Large Jill Schlesinger discusses retirement investing strategies for late-starters.
Posted In: Investing, retirement planning, paddy hirsch, jill schlesinger, whiteboard
2

FDIC spells a good, sound sleep for savers

Seventeen banks have failed so far this year, but their customers can rest easy -- thanks to the Federal Deposit Insurance Corporation, as Sr. Producer Paddy Hirsch explains.
Posted In: FDIC, Banks, small banks, failure, insurance
0

Spending your windfall: What to do with found money

Deciding how to spend inheritance or a sudden windfall isn't as easy as it may seem. CBS MoneyWatch's Jill Schlesinger helps a listener make some important decisions.
Posted In: letters, jill schlesinger, Personal Finance, Inheritance
1

Shadow banking: Still a threat

Shadow banking has grown since the financial crisis. Sr. Producer Paddy Hirsch casts a light on the system and explains why it's so dangerous.
Posted In: shadow banking, Banks, banking
3

The role of a fiduciary

Sr. Producer Paddy Hirsch explains the responsibilities of a fiduciary with a taxi metaphor.
Posted In: fiduciary, Investing, assets
2

Finding a good financial adviser

CBS MoneyWatch’s Jill Schlesinger on the right questions to ask before handing your financial future over to a pro.
Posted In: jill schlesinger, financial advisor
5

What do Girl Scouts learn from selling cookies?

It's Girl Scout cookie season and you know what that means: Swaths of girls and parents hawking Thin Mints and Do-Si-Dos in supermarket parking lots and workplaces across the country. But what's the real lesson here?
Posted In: Girl Scouts, cookies, Kids and money
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Explaining insider trading

Lawmakers are considering yet another bill to ban insider trading. But the term "insider trading" seems open to interpretation. Senior Producer Paddy Hirsch helps us understand what it is and why it's a big deal.
Posted In: insider trading, Wall Street, traders
2

Explaining proprietary trading and its risks

Prop trading, as it’s called on Wall Street, is the target of the Volcker Rule, a centerpiece of the Dodd-Frank financial reform act. Marketplace’s Paddy Hirsch explains what proprietary trading is, and why it’s potentially dangerous for our savings and the financial system.
Posted In: proprietary trading, Volcker Rule, Jamie Dimon, Banks
3

Untangling whole and term-life insurance

Senior Producer Paddy Hirsch and CBS MoneyWatch's Jill Schlesinger break down the different types of life insurance.
Posted In: insurance, whole life, term life, decision, investment

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