APM: Marketplace Whiteboard
Senior Editor Paddy Hirsch of Marketplace, the public radio business show, makes complicated financial concepts easy to understand in this entertaining, informative series. Marketplace Senior Editor Paddy Hirsch gives a bubbly explanation of the intricacies of "collateralized debt obligations" — those financial instruments that got ...
Senior Editor Paddy Hirsch of Marketplace, the public radio business show, makes complicated financial concepts easy to understand in this entertaining, informative series. Marketplace Senior Editor Paddy Hirsch gives a bubbly explanation of the intricacies of "collateralized debt obligations" — those financial instruments that got us into this financial mess.
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Explainer: Why can't we cap CEO pay?
Switzerland recently toyed with the idea of capping CEO pay ...
Switzerland recently toyed with the idea of capping CEO pay at 12 times the amount of the lowest-paid worker.
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Explainer: the charitable tax deduction
If you give $1,000 to charity, that reduces your taxable ...
If you give $1,000 to charity, that reduces your taxable income by $1,000, because there’s less for the government to tax.
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Explainer: Fiscal hawks vs. fiscal doves
Why are those who want to fight inflation called 'fiscal ...
Why are those who want to fight inflation called 'fiscal hawks'?
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Explaining capital adequacy requirements
Changes to capital adequacy requirements are a cornerstone of the ...
Changes to capital adequacy requirements are a cornerstone of the government’s efforts to secure the financial system. Marketplace’s Paddy Hirsch explains.
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Obama & the debt ceiling: An explainer
The government is considering raising the debt ceiling -- again. ...
The government is considering raising the debt ceiling -- again. But what exactly is the debt ceiling: Watch an explainer to understand what's at stake and what it means for you and me.
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Explaining exchanges
You've heard of the New York Stock Exchange and Nasdaq. ...
You've heard of the New York Stock Exchange and Nasdaq. Do people really still stand around and yell out buy and sell orders at these places? Paddy Hirsch explains what an exchange is -- by taking us to the supermarket.
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So what is LIBOR, exactly?
The London Interbank Offered Rate, explained.
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Opportunity cost: A simple Whiteboard explainer
Economists love to use the term "opportunity cost." In fact, ...
Economists love to use the term "opportunity cost." In fact, you've probably heard it before. But what is it exactly? Senior producer and Whiteboard expert Paddy Hirsch explains.
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Fiat money: It has nothing to do with the car
Your dollar bill isn't worth the paper it's printed on. ...
Your dollar bill isn't worth the paper it's printed on. Why? Because it's a fiat currency. Sr. Producer Paddy Hirsch explains.
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How a firm's goodwill is more like soft snow than a hard asset
Goodwill reads like an afterthought in a company's annual report. ...
Goodwill reads like an afterthought in a company's annual report. But it's often the most important component of a company's operation, as Sr. Producer Paddy Hirsch explains.