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

About face on the home front: Interest rates spike

For a moment there, things were looking really peachy in housing.
Posted In: mortgage, interest rates, bonds, Ben Bernanke

Fiat money: It has nothing to do with the car

Your dollar bill isn't worth the paper it's printed on. Why? Because it's a fiat currency. Sr. Producer Paddy Hirsch explains.
Posted In: Fiat, inflation, Money, dollar bill, currency

Turning public radio on its head

Changing the public radio production process by making listeners the focus and subject of the show.

Why inflation can be a good thing

"A little bit of inflation is our friend, not our enemy," says Prof. David Blanchflower
Posted In: inflation

529 plans and foreign schools

A listener sent in a video question in response to my interview with Jeremy Hobson on today's Marketplce Morning Report on college savings plans, otherwise known as 529 plans.

 

Essentially, the listener wants to know if you can use a 529 plan to fund tuition at a foreign university.

The answer is, yes you can -- depending on the institution. To qualify, the school needs to be eligible to participate in Title IV federal financial aid programs. Most degree-granting four-year schools, junior and community colleges, and graduate schools will qualify, as will many proprietary and vocational schools.

Check to see if you can use your 529 money at the institution you're interested in by doing a Federal School Code Lookup at Savingforcollege.com. I searched to see if I could use 529 money to send a child to my alma mater. I typed "warwick" into the SCHOOL field, and picked FC for "foreign country" in the drop down box in the STATE field, and voila... I could indeed use money from a California 529 savings plan to send a lucky nice of nephew to the University of Warwick.

Is a 529 college savings account right for you?

Many parents are opting for 529 savings plans -- college savings accounts that aren’t subject to any tax as long as the money’s used for tuition. Are they right for you?
Posted In: college, higher education, 529 plans

How does the falling price of gold affect you?

Gold prices are down again this morning, after falling by more than 10 percent since Friday. Oil prices are also lower. But how do these drops in commodity prices affect your wallet?
Posted In: gold, commodities

4 tips to avoid an audit this tax season

Tax day is less than two weeks away. As you prepare for this year's returns, Marketplace's Senior Producer of Personal Finance Paddy Hirsch brings you tips to avoid an audit.
Posted In: Taxes, audit

How a firm's goodwill is more like soft snow than a hard asset

Goodwill reads like an afterthought in a company's annual report. But it's often the most important component of a company's operation, as Sr. Producer Paddy Hirsch explains.
Posted In: goodwill

What just happened in Cyprus? An explainer

The moral of the story of the near collapse of Cyprus' banking system is that when a saving rate looks too good to be true, it probably is.
Posted In: cyprus, bailout, Europe debt crisis

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