90.9 WBUR - Boston's NPR news station
Top Stories:
PLEDGE NOW
Our Uncertain Economy
Federal Reserve Chairman Ben Bernanke speaks during a discussion hosted by The Economic Club of Washington, Monday, Dec. 7, 2009, in Washington. (AP)

Federal Reserve Chairman Ben Bernanke speaks during a discussion hosted by The Economic Club of Washington, Monday, Dec. 7, 2009, in Washington. (AP)

Post your comments below

The country’s top economists — Fed chief Ben Bernanke included — met in Atlanta this week to look at where we stand.

Simon Johnson spoke. Here’s what he said:

We’ve probably got a recovery coming. 2010 could look good. But we haven’t fixed the underlying problems in our banking and finance systems. The country’s been taken prisoner by a Wall Street that rejects reform. And so we’re cruising for another crash. A bigger crash than ever.

And by the way, he says, Ben Bernanke should not be reappointed.

This hour, On Point: a conversation with bigfoot economist Simon Johnson.

Guest:

Joining us from Washington is Simon Johnson, professor at MIT’s Sloan School of Management. Former chief economist at the International Monetary Fund, he’s now a senior fellow at the Peterson Institute for International Economics. He co-founded the widely read blog The Baseline Scenario, where you can read his latest commentary. His forthcoming book is “13 Bankers.”

More links:

Some pieces that got us thinking about this segment include:

The BusinessWeek cover story, “Not So Radical Reform”; Chrystia Freeland’s column in The Financial Times, “Global super-rich no longer look so benign”; Bob Herbert’s New York Times column, “An Uneasy Feeling”; and Simon Johnson’s own piece at the Times’ “Economix” blog, “Lessons Learned But Not Applied.”  It’s also worth looking back at Johnson’s bracing essay in The Atlantic last spring, “The Quiet Coup,” in which he argued that “recovery will fail unless we break the financial oligarchy that is blocking essential reform.” We spoke to him when that piece was just out.

Johnson opposes the re-confirmation of Federal Reserve Chairman Ben Bernanke. The LA Times editorial board disagrees — they want Bernanke reappointed. Of course,  Time magazine named him “Person of the Year.”

Please follow our community rules when engaging in comment discussion on this site.
ONPOINT
TODAY
Mar 27, 2015
Rescue workers work on debris of the Germanwings jet at the crash site near Seyne-les-Alpes, France, Thursday, March 26, 2015. The co-pilot of the Germanwings jet barricaded himself in the cockpit and “intentionally” rammed the plane full speed into the French Alps, ignoring the captain’s frantic pounding on the cockpit door and the screams of terror from passengers, a prosecutor said Thursday. (AP)

The co-pilot and the plane in the Alps? Ted Cruz announces 2016 bid. Heinz buys Kraft. Our weekly news roundtable goes behind the headlines.

Mar 27, 2015
Members of  a November Project 'tribe' pause during a November 2014 workout. (Brogan Graham / Instagram)

Spring training. From easy-access yoga to outdoor exercise meet-ups, exercise plans you’ll want to do.

RECENT
SHOWS
Mar 27, 2015
Members of  a November Project 'tribe' pause during a November 2014 workout. (Brogan Graham / Instagram)

Spring training. From easy-access yoga to outdoor exercise meet-ups, exercise plans you’ll want to do.

 
Mar 27, 2015
Rescue workers work on debris of the Germanwings jet at the crash site near Seyne-les-Alpes, France, Thursday, March 26, 2015. The co-pilot of the Germanwings jet barricaded himself in the cockpit and “intentionally” rammed the plane full speed into the French Alps, ignoring the captain’s frantic pounding on the cockpit door and the screams of terror from passengers, a prosecutor said Thursday. (AP)

The co-pilot and the plane in the Alps? Ted Cruz announces 2016 bid. Heinz buys Kraft. Our weekly news roundtable goes behind the headlines.

On Point Blog
On Point Blog
Our Week In The Web: March 27, 2015
Friday, Mar 27, 2015

More on the incessant email debate, plus some goats living their best lives and the sad allure of Manhattan’s shuttered Pommes Frites.

More »
Comment
 
Mobile Payments Offer Convenience If You Keep Your Email Safe
Thursday, Mar 26, 2015

Thinking about moving your wallet to your phone? You can! And maybe you should? But TechCrunch senior writer Josh Constine has a few things to tell you before you do.

More »
1 Comment
 
Using Technology To Get Your Kids Outside
Thursday, Mar 26, 2015

The latest and greatest — using apps to make natural exploration more fun for your kids.

More »
Comment