This radio show cannot be praised enough, and recently it has run a series of episodes devoted to explaining what is going on with the economy.
These particular episodes are fantastic reporting: comprehensive but not overwhelming, they explain incredibly sophisticated concepts in a way that anyone can understand. If you want to understand what is going on right now, listen to them.
Go here to get to all of the show's episodes about the financial crisis.
Or, click on the following links, which will take you to individual episodes. You then can click on "Full Episode" to listen to an entire episode as a free stream, or you can download an mp3 version through ITunes for less than a buck. Each episode runs one hour. If you don't have the ability to listen to them, I've also provided links to pdf versions of the transcripts.
- Go here to listen to This American Life episode 355: Giant Pool of Money or download the transcript.
- Go here to listen to This American Life episode 365: Another Frightening Show About the Economy or download the transcript.
- Go here to listen to This American Life episode 375: Bad Bank or download the transcript.