WBEZ | Naked Economics: Undressing the Dismal Science http://www.wbez.org/tags/naked-economics-undressing-dismal-science Latest from WBEZ Chicago Public Radio en 'This is our Sputnik moment': Reactions to President Obama's State of the Union http://www.wbez.org/episode-segments/%5Bfield_program_ref-title-raw%5D/our-sputnik-moment-reactions-president-obamas-state-u <img typeof="foaf:Image" src="http://llnw.wbez.org/Obama state of the union 2011 AP_0.jpg" alt="" /><p><p>President Obama&rsquo;s second State of the Union address stuck to tradition by highlighting the progress of the nation but many considered the tone of the gathering to be different &ndash; that a bipartisan, even conciliatory air prevailed. That might have been due to the seating arrangement.<br /><br />President Obama focused on both the deficit and the high level of unemployment.Obama also spoke about the need for investment in high technology, science and education. Sound good to you? If it does, where should the money come from: Government or the private sector?</p><p>To answer whether there is a sound economic policy hiding underneath all that high toned rhetoric, <em>Eight Forty-Eight</em> was joined by two experts: <a href="http://harrisschool.uchicago.edu/faculty/web-pages/charles-wheelan.asp" target="_blank">Charlie Wheelan</a>, a senior lecturer at the Harris School of Public Policy at the University of Chicago, and <a href="http://harrisschool.uchicago.edu/faculty/web-pages/jeffrey-grogger.asp" target="_blank">Jeffrey Grogger</a>, one of the nation&rsquo;s leading experts on welfare reform and the Irving Harris Professor in Urban Policy at the Harris School.<br /><br />Wheelan is also author of <a href="http://www.nakedeconomics.com/" target="_blank"><em>Naked Economics: Undressing the Dismal Science</em></a>. Grogger is co-author of <em><a target="_blank" href="http://www.hup.harvard.edu/catalog.php?isbn=9780674018914">Welfare Reform: Effects of a Decade of Change</a>.</em></p><p><em>Music Button: Mike Reed's People Places and Things, &quot;Song of a Star&quot;, from the CD Stories and Negotiations, (482 Music) </em></p></p> Wed, 26 Jan 2011 15:31:00 -0600 http://www.wbez.org/episode-segments/%5Bfield_program_ref-title-raw%5D/our-sputnik-moment-reactions-president-obamas-state-u The deficit deadline that came and went http://www.wbez.org/episode-segments/deficit-deadline-came-and-went <img typeof="foaf:Image" src="http://llnw.wbez.org/deficit.jpg" alt="" /><p><p>Dec. 1 was the original deadline for President Obama&rsquo;s <a href="http://www.fiscalcommission.gov/" target="_blank">deficit-reduction commission</a> and it came and went without a vote. Despite the early release of a plan from commission co-chairs Alan Simpson and Erskin Bowles, a vote has been delayed to Friday&mdash;at least.</p><p>Illinois congresswoman and commission member <a href="http://www.wbez.org/episode-segments/schakowsky-rejects-deficit-reduction-plan">Jan Schakowsky spoke with &quot;Eight Forty-Eight&quot; on Wednesday</a>. She was one of many who offered an alternative plan. Schakowsky's concern is that the Simpson-Bowles scenario jeopardizes social programs and comes down too hard on middle to lower-income Americans.</p><p>To find out more about the strengths and weaknesses of the Simpson-Bowles plan, &quot;Eight Forty-Eight&quot; spoke with a couple of economic experts. <a href="http://www.andrewbusch.com/" target="_blank">Andrew Busch</a> is a global currency and public policy strategist who advises Republicans on the economy and financial markets. <a href="http://harrisschool.uchicago.edu/faculty/web-pages/charles-wheelan.asp" target="_blank">Charlie Wheelan</a> is a senior lecturer at <a href="http://harrisschool.uchicago.edu/" target="_blank">The Harris School of Public Policy at University of Chicago</a>. He is the author of &quot;<a href="http://www.amazon.com/Naked-Economics-Undressing-Science-Revised/dp/0393337642/ref=sr_1_1?ie=UTF8&amp;qid=1291299705&amp;sr=8-1" target="_blank">Naked Economics: Undressing the Dismal Science</a>&quot;.</p><p><em>Music Button: Maserati, &quot;Monoliths&quot;, from the CD Passages, (Temporary Residence) </em></p></p> Thu, 02 Dec 2010 13:35:00 -0600 http://www.wbez.org/episode-segments/deficit-deadline-came-and-went