Jacob Goldstein

Jacob Goldstein appears in the following:

What If You Couldn't Take Your Money To Another State?

Wednesday, March 27, 2013

One day, the legislature in the state where you live passes a new law: Until further notice, you're not allowed to take your money to another state.

There are exceptions. You can take a few thousand dollars with you if you go on a trip. You can do some out-of-state ...

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Where The Bank Really Keeps Your Money

Monday, March 18, 2013

Cyprus has about as many residents as the Bronx. All Cypriot banks combined are smaller than the 30th-largest U.S. bank. So why is the country's financial system front-page news today?

The answer, in large part, comes down to two words: Deposit insurance. Deposit insurance is one ...

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In One Key Way, The Housing Crisis Is Still Going Strong

Monday, March 11, 2013

The housing market is recovering. Prices are rising, the number of foreclosures is falling, and construction crews are finally starting to build again. But in one key way, housing remains in crisis mode: The U.S. housing market is still a ward of the state.

...

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The Scariest Jobs Chart Ever Isn't Scary Enough

Thursday, March 07, 2013

One of the defining graphs of our time (yes, there are defining graphs of our time) comes from the blog Calculated Risk. It tracks the job market in every U.S. recession and recovery since WWII — and it shows just how brutal the the past few years have ...

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The Dow Isn't Really At A Record High (And It Wouldn't Matter If It Were)

Tuesday, March 05, 2013

Just a quick, cranky reminder: Despite what you may have read, the Dow Jones industrial average did not hit a new high today in any meaningful sense.

After adjusting for inflation, the Dow was higher in 2000 than it is today. It was also higher in 2007. It ...

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Real Economists Study Fake Candidate

Tuesday, February 26, 2013

In a new paper, two economists write:

In 2012 the National Public Radio program Planet Money created a fake presidential platform based on the issues a small sample of economists, with different political views, agreed upon. In focus groups this platform found no support among the public ...

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Why Economists Love Price Gouging, And Why It's So Rare

Monday, October 29, 2012

Like millions of other people, I stocked up on canned food this weekend. Why didn't grocery stores raise prices to take advantage of the pre-hurricane rush?

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Surprise! There Are 386,000 More Jobs Than We Thought

Thursday, September 27, 2012

Where did all those jobs come from? And what do they say about our obsession with the monthly jobs report?

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The iPhone 5 And The Economy: Don't Believe The Hype

Tuesday, September 11, 2012

Will there be a smartphone stimulus this fall? Don't hold your breath.

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Thursday Night, Obama Will Know The Biggest Secret In The U.S. Economy

Wednesday, September 05, 2012

How many jobs did the nation gain (or lose) last month?

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Eating Out Should Be More Expensive On Saturday Night

Tuesday, September 04, 2012

For most of human history, the price of any given thing was whatever a buyer and a seller could agree on. The price tag — and the world of fixed prices that it implies-- didn't come along until the 19th century, with the rise of department stores.

Economists, for the ...

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Video Game Company Hires Economist To Study Virtual Worlds

Monday, June 25, 2012

"Valve doesn't care about anything other than creating games. Suddenly, they've wound up with economies."

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A Lost Decade For American Families

Monday, June 11, 2012

American households got poorer in the first decade of the 21st century, largely because of the housing bust.

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JPMorgan's $2 Billion Loss, Explained

Friday, May 11, 2012

JPMorgan's "many errors, sloppiness and bad judgment" will hurt the bank's reputation and bolster support for rules limiting banks' ability to make speculative bets.

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A 10-Year-Old Boy's Solution To The Euro Crisis, In 1 Picture

Tuesday, April 03, 2012

"All Greek people should bring their Euro to the bank. They put it in an exchange machine (see left on my picture). You see, the Greek guy does not look happy!!"

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The Million-Dollar Taxi

Thursday, October 20, 2011

The price of a New York City taxi medallion has gone through the roof in the past few decades. Here's why.

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Monday Morning Politics

Monday, August 08, 2011

Bloomberg BusinessWeek senior editor Diane Brady, and Will Saletan, Slate’s national correspondent, and Jacob Goldstein from NPR's Planet Money, and WNYC's Ilya Marritz from the Stock Exchange floor, chat about the S&P downgrade, the market reaction today, and the political fallout.

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Why S&P's Downgrade Of The U.S. Credit Rating May Not Be As Bad As It Sounds

Friday, August 05, 2011

Most of the big holders of U.S. debt don't pay much attention to rating agencies. Still, "downgrade" does have a nasty ring to it.

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Tapping the Strategic Reserves

Friday, June 24, 2011

To tap or not to tap? NPR's Planet Money correspondent Jacob Goldstein discusses President Obama's decision to release 30 million barrels of oil from the Strategic Petroleum Reserves and what goes into the decision-making process.

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