The central role of prisons in the U.S. economy
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In June, our documentary film selection for the "Econ Extra Credit" series is "The Prison in Twelve Landscapes." It takes the approach of "visual poetry" to look at the culture of incarceration in the U.S. from many angles — all of them personal, many of them economic. Also, the news out of the Federal Reserve yesterday is that interest rates, steady for now, will likely start rising sooner than policymakers thought.
Segments From this episode
The Federal Reserve has spoken, signaling interest rate hikes earlier than expected, but not until 2023
And before any changes to interest rates, before that, the Fed will start to slow down its bond buying. Marketplace's Nancy Marshall-Genzer has more.
"The Prison in Twelve Landscapes" director Brett Story on the economic consequences of mass incarceration.
David Brancaccio Host
Nicole Childers Executive Producer
Victoria Craig Producer, BBC
Stephen Ryan Producer, BBC
Jonathan Frewin Producer, BBC
Daniel Shin Producer
Jay Siebold Engineer
Brian Allison Engineer
Alex Schroeder Digital producer
Meredith Garretson Producer
Erika Soderstrom Producer/Director