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Economy
3:01 pm
Thu August 2, 2012

What Can We Do To Fix The Economy?

Courtesy of Jared Bernstein

U.S. employment is stalled, growth is anemic, and the Federal Reserve has decided not to take action for at least another month.

Most economists weren't expecting the Federal Open Markets Committee, which sets the Fed's monetary policy, to announce another round of quantitative easing — a fancy term that basically means the central bank buys bonds to increase the money supply and make borrowing cheaper — at this week's meeting. Still, that's exactly what a number of them think is needed.

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The Two-Way
2:39 pm
Thu August 2, 2012

Knight Capital Says It Lost $440 Million Because Of Computer Glitch

Remember the computer glitch that caused market turmoil Wednesday morning?

As we told you, it was caused by a computer glitch that accidentally forced Knight Capital Group to buy a great number of stocks.

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Music Reviews
1:52 pm
Thu August 2, 2012

Digging Up The 'Newly Discovered Works Of Gil Evans'

Ryan Truesdell has turned unheard Gil Evans scores into richly textured works on Centennial: Newly Discovered Works of Gil Evans.
Dina Regine

Originally published on Thu August 2, 2012 8:47 pm

Gil Evans, born a century ago this year, was a leading jazz arranger and composer starting in the 1940s, when he wrote for big bands. He helped organize Miles Davis' Birth of the Cool sessions, then arranged Davis' celebrated orchestra albums like Sketches of Spain. Evans, who had his own big bands that went electric in the 1970s and '80s, died in 1991, but some of his rare music has been newly recorded.

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NPR Story
1:33 pm
Thu August 2, 2012

Drive For Profit Wreaks 'Days Of Destruction'

Originally published on Fri August 3, 2012 1:19 pm

In his latest book, Pulitzer Prize-winning journalist and author Chris Hedges takes a look at the tensions that arise between profit, progress, technology and the pursuit of the American dream. Days of Destruction, Days of Revolt, written with co-author Joe Sacco, critiques an economic system that they say abandons too many Americans.

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Planet Money
1:26 pm
Thu August 2, 2012

Can You Get A Patent On Being A Patent Troll?

A 15th-century depiction of the ouroboros, a serpent devouring itself.
Wikimedia Commons

Originally published on Thu August 2, 2012 2:34 pm

The patent wars have been heating up. Apple and Samsung are duking it out in California.

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