HV/Webwork/Writs/Econ 101/ Work by: Alex Blumberg · This American Life
We’re all looking forward to this week’s economic news.
No, not what Congress does; I’m talking about the upcoming This American Life episode: “Another Frightening Show About the Economy.”
It’s by TAL’s Alex Blumberg and NPR’s Adam Davidson of TAL “Giant Pool of Money” fame.
Is Alex Blumberg the best reporter on the planet?
His little asides make a story, like from this report on SEC Chair Chris Cox and the stock-trading practice of Naked Short-Selling:
“It gets confusing, as it often does, when you get to the naked part.”
“Fannie Mae and Freddie Mac, despite having names a child might give a puppy, are… well, were…”
Planet Money “Naked Short Selling, Meet Moral Hazard” (27:27 mp3):
And there’s this AlexB blockbuster: “What’s In A Number?” The TAL topic was a report on Iraq civilian casualties. Alex transformed it into an insightful portrait of both the science and humanity in statistics.
A recent NY Times article, “Daring to Say Loans Made No Sense,” is devoted to TAL’s “Giant Pool:”
“One of the remarkable things about the report is the absence of evildoers…”
“Market appetites for anything that resembled a mortgage pushed loan standards down: ‘No income, no asset. You don’t have to state anything. Just have a credit score and a pulse.’ (Mr. Blumberg pointed out that the pulse thing was optional: 23 dead people in Ohio were also approved.)”
Alex/Adam also just offered this cheerily titled story: