In theory, older people and people with higher levels of education should be more financially stable and have an easier time affording their homes, but since the economy has become such a horror show, new research suggests that’s not the case (NOTE: Subscribers can still listen to these shows).
read more
Politics is disgusting and the economy is worse (NOTE: subscribers can still listen to this show)–and the stock market is like a horror movie! The scared investor’s early decision to sell stocks happens through “social projection”–people’s tendency to heavily rely on their own current feelings and inclinations when they estimate others’ state of mind and preferences.read more
The acute economic downturn that began in 2008 sometimes is called the "mancession" to reflect its harsher impact on men than women. As recently as last November, over 10% of adult men were unemployed as compared to 8% of women. But how do unemployed men cope with their shifting domestic roles, especially when they become financially dependent on a wife or female partner?
read more
We wait for economic recovery, but it doesn’t come. Millions of us remain unemployed. Whole neighborhoods, street after street, are abandoned, their residents victims of foreclosure. Washington is paralyzed. But the problem isn’t ours alone. Europe is on the brink of fiscal collapse. The Chinese stock market is teetering, and the Middle East continues to suffer political and economic chaos.
The question that burns within all of us is whether or not anything can be done, and if not, then what happens?
read more