90.9 WBUR - Boston's NPR news station
Top Stories:
PLEDGE NOW
Economy 2011: Shiller & Siegel Debate Recovery, Double Dip

Economists Robert Shiller and Jeremy Siegel look at the road ahead for the U.S. economy.

Traders work on the floor of the New York Stock Exchange, Jan. 3, 2011. (AP)

Judge by the New Year’s first day on Wall Street, and it looks like everything’s coming up roses for the U.S. economy.

The Dow is at a two-year high and animal spirits are back in gear. Economists are projecting maybe 4 percent growth this year – and that’s way up, too. Manufacturing firms are revving. Companies are loaded with cash. OK. Here we go.

Or do we?

Lots of people aren’t in the stock market. Lots of people don’t have jobs. Home foreclosures are still grinding along. Is this the year of the economic comeback?

-Tom Ashbrook

Guests:

Robert Shiller, professor of economics at Yale University. He’s co-author, with economist Karl Case, of the Case-Schiller home price index, the most widely cited database of housing prices in the U.S. Co-author of the new book, “Reforming U.S. Financial Markets: Reflections Before and Beyond Dodd-Frank.” You can also watch Professor Shiller’s Yale course on financial markets online here.

Jeremy Siegel, professor of finance at the University of Pennsylvania’s Wharton School of Business. He’s author of “The Future for Investors: Why the Tried and True Triumph Over the Bold and the New” and “Stocks for the Long Run: The Definitive Guide to Financial Market Returns and Longterm Investment Strategies,” now in its updated fourth edition.

Please follow our community rules when engaging in comment discussion on this site.
ONPOINT
TODAY
Sep 30, 2014
St. Louis county police officers advance on protestors trying to shut down Interstate 70 in Berkeley, Mo. on Wednesday, Sept. 10, 2014 near the St. Louis suburb of Ferguson, Mo. where Michael Brown, an unarmed, black 18-year old was shot and killed by a white police officer on Aug. 9. (AP)

Police shootings, cop culture, body cameras. And the big debate over how to protect the public and the police.

Sep 30, 2014
In this Jan. 15, 2013, photo, Rosser Pryor, Co-owner and President of Factory Automation Systems, examines a new high-performance industrial robot at the company's Atlanta facility.  (AP)

Nicholas Carr says automation, all over, is turning us into zombies. Out of touch with the world. He’s with us.

RECENT
SHOWS
Sep 29, 2014
A 1597 map of Lesbos / Mytilene, Greece by Giacomo Franco. (Flickr / Creative Commons)

How Aristotle invented science. The great ancient Greek, and life on Earth.

 
Sep 29, 2014
In this March 8, 2012 file photo, Peter Thiel speaks in San Francisco. (AP)

Silicon Valley’s Peter Thiel; the entrepreneur, investor and the PayPal co-founder’s call for deep invention.

On Point Blog
On Point Blog
Our Week In The Web: September 26, 2014
Friday, Sep 26, 2014

All of you love to listen to old broadcasts when we play them, and Taylor Swift loves the Internet.

More »
Comment
 
NPR’s Chris Arnold On Garnished Wages
Wednesday, Sep 24, 2014

NPR’s Chris Arnold took part in a remarkable new reporting series tackling the rise of garnished wages as a way to pay off debt. He talked to us today about the series.

More »
3 Comments
 
Our Week In The Web: September 19, 2014
Friday, Sep 19, 2014

Lots of big, contentious topics on the show this week — from Zionism to early education, corporal punishment to development in the Grand Canyon.

More »
Comment