WAMU 88.5 : The Diane Rehm Show

Alan Blinder: "After the Music Stopped: The Financial Crisis, the Response, and the Work Ahead"

When President Obama took office in 2009, he was faced with the worst economic crisis since the Great Depression. The president, his economic team and the Federal Reserve took actions that many credit with helping stave off a global financial meltdown. But the causes of the near-collapse and what was done to solve it remain poorly understood by many who lived through it. In a new book, a leading U.S. economist explains what happened and why. And he warns that more needs to be done to reduce the chance of a similar crisis in the future.

Read An Excerpt

Excerpt from "After the Music Stopped: The Financial Crisis, the Response, and the Work Ahead" by Alan Blinder. Copyright 2013 by Alan Blinder. Reprinted here by permission of Penguin Press. All rights reserved.

NPR

Jack Davis, Cartoonist Who Helped Found 'Mad' Magazine, Dies

Money from a job illustrating a Coca-Cola training manual became a springboard for Jack Davis to move from Georgia to New York.
NPR

Cookie Dough Blues: How E. Coli Is Sneaking Into Our Forbidden Snack

Most people know not to eat raw cookie dough. But now it's serious: 46 people have now been sickened with E. coli-tainted flour. Here's how contamination might be occurring.
NPR

How Is The Democratic Convention Playing In Deep-Blue Massachusetts?

Not every liberal voter had been eyeing the upcoming Democratic National Convention with uniform eagerness. NPR's Tovia Smith looks at how Democrats far from the convention floor are viewing the week.
NPR

Writing Data Onto Single Atoms, Scientists Store The Longest Text Yet

With atomic memory technology, little patterns of atoms can be arranged to represent English characters, fitting the content of more than a billion books onto the surface of a stamp.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.