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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.

 

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Features by Paddy Hirsch

Need protection? Consider a collar!

A collar is a trading strategy that protects your investment, but limits your upside.
Posted In: collar, explainer, whiteboard

Why bank loans are getting riskier

Banks are relaxing the terms in their loans. And that makes them riskier.
Posted In: covenants, cov-lite loans, OOC

Explaining the stock split: Some financial gymnastics

In the end, stock splits are all about making shares more appealing to investors.
Posted In: stock split, apple

The difference between debt and deficit: An explainer

A lot of people confuse the words debt and deficit. They're not quite the same.
Posted In: debt, deficit, U.S. debt

Singapore's got some big retirement issues

Social security fears in one of the world's most rigorously-controlled economies.
Posted In: singapore, Social Security

What the heck does ETF stand for? An explainer

Why investing in ETFs can be like playing with fire.
Posted In: ETFs, explainer

Opportunity cost and the home

Opportunity cost isn't just for economists; it's for real people, too!
Posted In: DIY

Harvard's Kennedy School denies 'privilege class' story

They say the media has been disseminating false information.
Posted In: harvard, privilege

Harvard's Kennedy School denies 'privilege' class story

The Harvard Kennedy School responded to reports that it has created an orientation class on "power and privilege" with a flat denial.

Doug Gavel, the school's Associate Director for Media Relations, told Marketplace's Mitchell Hartman that there is "false information in the media" about a class that administrators at the school were reported to have committed to scheduling for first-year students. Several media outlets picked up the story, first reported in New York Magazine's "The Cut" that, "In response to growing demand from student activists, administrators committed Friday to adding a class in power and privilege to its orientation program for incoming first-year students."

The story comes in the wake of a controversial essay on privilege written by a student at Princeton earlier this month. 

Here's the text of Gavel's email to Mitchell:

There appears to be false information in the media being conveyed by reporters who have not contacted Harvard Kennedy School (HKS) officials to verify the accuracy of the information.  Contrary to one article that has been picked up by others, the school is not planning to offer classes, coursework, or sessions devoted specifically to "power and privilege."  The school currently offers a number of opportunities for students to discuss and learn about issues of diversity.  Learning to have constructive conversations in the context of differences in race, gender, cultural background, political viewpoints and many other perspectives is important in any graduate school, particularly one dedicated to preparing its students to be effective leaders and policymakers. HKS examines opportunities offered to students to engage in these discussions, regularly assessing their effectiveness and value.  We look forward to continuing to work with our faculty and students to provide the most valuable learning opportunities in this area. 

Explainer: Why dollar cost averaging is stupid smart

When it comes to investing: keep it simple, stupid.
Posted In: dollar cost averaging

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