90.9 WBUR - Boston's NPR news station
Top Stories:
PLEDGE NOW
Head In The Sand Economics

Tom Gjelten in for Tom Ashbook

Top economist Simon Johnson says all the fiery rhetoric in Washington over the debt crisis is doing nothing to fix the problem.

The global economy is on shaky ground. We'll take a look at what can be done. (dichohecho/Flikr)

The global economy is on shaky ground. We'll take a look at what can be done. (dichohecho/Flikr)

European governments have offered Greece another bailout. But many economists think it will only postpone an inevitable default.

Bankers are fretting that Spain or Portugal might be next.

And the United States is facing its own debt dead-line, with politicians unable to agree on the way forward.

Are we in danger of slipping back into another global financial crisis, one even more dangerous than the one that scared us so in two thousand eight? Two popular economists say it depends on whether we’ve learned the right lessons.

This hour On Point: Avoiding a new economic meltdown.

 

-Tom Gjelten

Guest

Simon Johnson, former chief economist at the International Monetary Fund and now a senior fellow at the Peterson Institute for International Economics and a professor at MIT’s Sloan School of Management. He’s also the author of “13 Bankers: The Wall Street Takeover and the Next Financial Meltdown.”

A. Michael Spence, a Nobel prize-winning economist, chairman of the Commission on Growth and Development and a distinguished fellow at the Council on Foreign Relations. He is also author of “The Next Convergence: The Future of Economic Growth in a Multispeed World.”

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