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

What's up with ... capital goods orders?

--Not much. They're actually down this month. --OK, well, what are capital goods, anyway? --They're durable goods. --So what the heck are dura...

Companies buy less capital goods

Capital goods are the things that companies buy to make stuff. Like factories, machinery, tools, equipment, and buildings. Unfortunately, compani...
Posted In: capital goods

Consumer confidence slumps in Europe

European consumer confidence dropped the most in 20 years this month. The European Commission said the decline was steeper than the one after...

What's up... with the Baltic Dry Index?

It's higher, that's what. And that's good news (maybe!). The Baltic Dry tracks the cost of shipping, and a 16 percent bump in the Index has jazze...

Are the banks lending more?

Banks lent more money in the last quarter, the FDIC said in a press release today. Total loans and leases increased by 0.9 percent, $64.4 billion...
Posted In: Banks

You think it's tough doing business here?

Try Kyrgyzstan. At least one major foreign-run gold mining operation had its license suspended there, another was slapped with a $5 million fine,...
Posted In: The Breakdown: Markets

The shipping news

Some good news on international trade from Egypt, home of the Suez Canal....

15 percent of Americans are on food stamps

Almost 46 million Americans are on food stamps now. That's up 74 percent since 2007, according to Reuters. Bad news for Americans, and bad news for...

Word on the street

I'm still on the fence on the issue of whether we should spend our way out of the economic doldrums or cut back and save, to prevent even more...

What's up with oil?

Libyan rebels are in Tripoli, spurring hopes that Libya will start pumping oil again soon. But oil prices are up today. What's up with that? Man...
Posted In: The Breakdown: Markets

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