Economy

The Long French Goodbye

A quirk in French labor law makes it especially difficult for a company to lay off its employees. It's a system designed to protect workers, but it also has consequences for the rest of the economy.

Star Spangled Indicator

Flags: symbol of a country, patriotic rallying cry, and a telling economic indicator. Today on the show, a factory in China that makes American flags, and what it tells us about the modern economy.

The Problem With Unobservable Variables

The unemployment rate is already below the Federal Reserve's estimate for maximum employment. But former Fed Governor Sarah Bloom Raskin says it may still have further to fall.