10 October 2008
I may still be ignorant, but I'm also hip.
You may recall that NPR's This American Life did an extremely informative program explaining the subprime mortgage thing back in May. Well, good news: they came back with another really helpful program on the financial crisis this week. It's available for free streaming or download here. It's certainly still confusing -- most of the story takes place in a part of the economy that I had never even imagined might exist -- but they go to great lengths to make it accessible. I get the feeling that we are going to be hearing about all of this (or feeling its impacts) for a long time, so if you're tired of not understanding the news, this show is really worth an hour of your attention.
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