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

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

WHITEBOARD: What is a ratings agency, anyway?

How credit agencies work from Marketplace on Vimeo. Here's how I look at it. Imagine a house, full of medical students, none of whom have a ...
Posted In: downgrade, explainer, ratings agency, whiteboard

Why the debt ceiling debate is affecting the economy

If the U.S. economy were an airport, the debt-ceiling debate on Capitol Hill is like a dark cloud causing flight delays, says Senior Editor Paddy Hirsch in his latest Whiteboard video
Posted In: whiteboard

Meet the Maes: Whiteboard explores the Mae family tree

Paddy Hirsch returns to the Whiteboard to explain the history of the Mae Family Tree. The fate of Fannie Mae and Freddie Mac, the government-spo...
Posted In: Fannie Mae, Freddie Mac, video, whiteboard

Spotting a double-dip recession

While fears of a double-dip recession have receded in the U.S. for now, there's still some talk about a double-dip recession striking other markets around the world. Paddy Hirsch explains what a double dip is, and what it might look like.
Posted In: recession, double-dip, whiteboard

The ideal explainer

Tristan Harris of Apture asked me an interesting question yesterday: what makes a good explainer?...
Posted In: explainer, whiteboard

Reader Question: Bonds, yields, and Hershey bars

A Whiteboard watcher wrote in this week, saying she watched the Whiteboard video on the Fed buying bonds (Uncle Ben Goes Shopping), but still wasn...
Posted In: bonds, The Fed, yields, whiteboard

Enlightenment, anyone?

I love the way good ideas sometimes seem to just float around, waiting to be pulled down and prototyped. I pitched my "explainer archive" to the...
Posted In: explainer, ProPublica, whiteboard

VIDEO: Quantitative Easing Explained

What does that mean? What does that mean? What does that mean? QE2 explained. Sort of! Created by: Omid Malekan
Posted In: quantitative easing, video, whiteboard

Uncle Ben goes shopping

The Federal Reserve is trying to stimulate the economy by buying billions of dollars worth of bonds from banks. Senior Editor Paddy Hirsch explains how that's supposed to work.
Posted In: Federal Reserve, whiteboard

A little help here, please

So, I've been racking my brain to find a good and simple way to explain the relationship between the Fed and the Treasury. And it turns out I may...
Posted In: The Fed, treasury, whiteboard

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