recession

Abacus: The only bank charged in the financial crisis

By Kai Ryssdal and Tommy Andres

May 22, 2017

(From left) Vera Sung, Jill Sung and Thomas Sung of Abacus Federal Savings Bank. — Sean Lyness

The film "Abacus: Small Enough to Jail" is the surprising saga of the Sung family.

POSTED IN: Economy business financial crisis Great Recession abacus pbs steve james

Yale to help policymakers deal with the financial crisis in real time

By Ryan Kailath

May 12, 2017

POSTED IN: Economy Yale University financial crisis recession Education banking

The real story behind all those #Vanlife photos on the internet

By Kai Ryssdal

May 02, 2017

“This lifestyle is appealing to people because it's cheap and because they don't have a lot of options for settling down and building a solid life,” said Rachel Monroe, who wrote about the #vanlife phenomenon for The New Yorker. — CHRISTOF STACHE/AFP/Getty Images

Writer Rachel Monroe says it’s a phenomenon 'born out of the recent recession.'

POSTED IN: instagram business Economy #vanlife social media Great Recession

How the Panic of 1837 predicted the Great Recession

By David Brancaccio

April 26, 2017

“We haven't sorted out whether we want to be a country based primarily for the individual or for the society as a whole, and that really does stem back at least to the 19th century and probably even earlier than that,” said Philip Gura, author of the book, “Man’s Better Angels.” — Wikimedia Commons

Going into the Panic of 1837 the market was booming and credit was flowing from banks. Sound familiar?

POSTED IN: Economy panic 1830s recession business Books politics

POSTED IN: Janesville GM auto industry financial crisis Great Recession auto bailout bailout small town auto manufacturing Chrysler

Is generosity enough to prop up this post-recession town?

By Kai Ryssdal and Bridget Bodnar

April 19, 2017

“I wanted to tell the story of a perfectly ordinary place that had lost a slew of jobs in the Great Recession,” said author Amy Goldstein. — Scott Olson/Getty Images

Janesville, Wisconsin's resources are stretched thin after GM left the city and took jobs with it.

How Putin's and Trump's economic messages are similar

By Kai Ryssdal and Robert Garrova

March 09, 2017

Traditional Russian wooden nesting dolls depicting President Donald Trump, left, and Russian President Vladimir Putin in a central Moscow gift shop. — ALEXANDER NEMENOV/AFP/Getty Images

And why the message of the 'elites' vs. 'the common man' might be dangerous.

POSTED IN: Russia Vladimir Putin President Trump media recession

What economists can learn from English majors

By Kai Ryssdal and Robert Garrova

February 13, 2017

Robert Shiller says economists should pay more attention to narratives to help them explain why economic events happen. — Wendy Carlson/Getty Images

Robert Shiller, Yale economics professor and Nobel laureate, explains why stories are powerful when it comes to the economy.

POSTED IN: Robert Shiller narrative economics kai ryssdal recession stock market

Outgoing Treasury Secretary Jack Lew talks legacy and economy's future

By David Brancaccio

January 11, 2017

Treasury Secretary Jacob Lew addresses the media after visiting the Marian Anderson Residence Museum to discuss her inclusion on the $5 bill October 21, 2016 in Philadelphia, Pennsylvania. — Mark Makela/Getty Images

"The fact there hasn't been a financial crisis is not a reason to unwind what we've done."

POSTED IN: jack lew treasury recession economic policy Trump secretary of commerce