Who has the power in capitalism? The critics of capitalism say the rich have the upper hand. But author John Hope Bryant thinks the story is more complex than that. He thinks that capitalism works best when it benefits not the few, but the many.
Whether it’s a bakery or a tech firm, running your own business is no cakewalk. Developing one from the ground up takes a lot of hard work and planning.
On Tuesday's Up to Date, we talk with some local entrepreneurs about how they got started, the difficulties they encounter and what the future might hold for them. We also talk about why their relationship with the community matters so much and how they stay profitable.
The Mid-America Regional Council presented a sobering assessment of the Kansas City area economy Thursday, one showing the metro is having trouble bouncing back from the recession.
The report, called "Prosperity at the Crossroads," says that fewer than half of the 100 largest metropolitan areas, including the greater Kansas City region, had recovered all the jobs they lost during the recession by the end of 2013.
Data in the report show that Kansas City employment rates, wage growth and job growth are all down.
You know the Federal Reserve is important to the government, but what does it really do?
On Tuesday's Up to Date, we talk with Federal Reserve Bank President Esther George about why Kansas City has a Federal Reserve Bank in Kansas City. We'll also look at the history of the bank at its centenary.
Esther George, president and chief executive officer of the Federal Reserve Bank of Kansas City
If you look at America through journalist George Packer’s eyes, you’ll see a landscape where familiar staples of society, such as Social Security and privacy, are disappearing in a country-wide decline in civilization.
On Tuesday's Up to Date, we talk with the National Book Award winner about his latest book, why he sees such a bleak picture for the country and how we might make it to the light at the end of the tunnel.
The economy has been in trouble for a while — that's no secret. But a new idea about the "metropolitan revolutions" proposes investments in things like infrastructure and manufacturing on a city level.
In the first part of Monday's Up to Date, we talk about the implications of this philosophy and where it could lead.
With the House of Representatives and the president once again butting heads over the federal budget, a government shutdown is looking more likely by the day.
On Tuesday's Up to Date, Bob Bixby of the Concord Coalition joins Steve Kraske to talk about the economy, the effect a shutdown could have on the country if Congress doesn’t pass a new budget and how the debt ceiling debate figures into the equation.
In a society where we pay bills online, transfer money via the internet, and can buy virtually anything on the web, would you be surprised to know that a currency has been developed that only exists in digital form?
BitCoin is a currency invented not by a government, or a large bank, but by a person or perhaps few people, nobody actually knows exactly who. It has no government backing, no tie to any precious metal and is entirely unregulated. However, on the afternoon of Monday, September 16 the exchange rate for one Bitcoin was more than 126 dollars.
History host Monroe Dodd speaks with Michael Lind about his most recent book, Land of Promise: An Economic History of the United States. They explore the curious history of the United States from its inception to today through the lens of three distinct economic republics. These three periods of American history are distinct in their incredible transformation brought about by technological and subsequent economical changes that also transformed the very way America understands itself.
In the next two installments of Solve This, NPR's series on the major issues facing the country, we'll examine each presidential candidate's approach to boosting employment. First, President Obama's strategy, then Mitt Romney's.
Job creation is the centerpiece of President Obama's campaign speeches.
Find out why the dynamics of private sector are essential to understanding the economy. Plus, we’ll discuss government transparency and accountability. If you're just little rusty on your economic theory and policy, join us at the table for the perfect refresher course.
As this presidential election year was kicking off, strategists were saying the focus would be on the economy. But now — even as absentee ballots are being filled in — the candidates are still dodging details about how to improve growth.
"President Obama doesn't have a plan," says Kevin Hassett, an economic adviser to Republican candidate Mitt Romney.
Jeffrey Liebman, an economic adviser to President Obama, says Romney has revealed no plan other than "going back to the failed policies of the past decade."
The school year's winding down, meaning teenagers around the country will soon be trying to pull in some extra cash scooping ice cream or manning those kiosks at the mall.
But with the job market still weak, teens are facing stiff competition landing summer jobs. And while the downturn has hit young job seekers particularly hard, it's not just the lingering effects of the Great Recession working against them: the drop-off in teen summer hiring actually began long before 2007.
As the election year began, conventional wisdom was pretty well set about the outcome of the presidential race. If the economy improved, President Obama would win. If not, he'd be a one-termer.
So what does it mean that many big economic indicators are moving sideways?
"Obama seems to be in that gray area," says Paul Pierson, a political scientist at the University of California, Berkeley. "The numbers are neither so good nor so bad that they give you a definitive answer."