Hear: The Week America's Economy Almost Died

By Adam Davidson,

Alex Blumberg

Published September 26, 2008 at 5:44 PM CDT

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U.S. Treasury Secretary Henry Paulson, 9.17.08

Hear: The Week America's Economy Almost Died

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Just press play.

Today on Planet Money:

-- David Kestenbaum uncovers a computer model of the economy made in the 1980s by ... drumroll, please ... Ben Bernanke. Let's just say it calls for fast action now.

-- Daniel Costello talks to libertarian Thomas Firey about common assumptions in the crisis, including that more regulation is needed and that banks can grow so big that governments can't let them fail.

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Adam Davidson

Adam Davidson is a contributor to Planet Money, a co-production of NPR and This American Life. He also writes the weekly "It's the Economy" column for the New York Times Magazine.

See stories by Adam Davidson

Alex Blumberg

Alex Blumberg is a contributing editor for NPR's Planet Money. He is also a producer for the public radio program This American Life, and an adjunct professor of journalism at Columbia University. He has done radio documentaries on the U.S. Navy, people who do impersonations of their mothers and teenage Steve Forbes supporters. He won first place at the 2002 Third Coast International Audio Festival for his story "Yes, There is a Baby." His story on clinical medical ethicists won the 1999 Public Radio News Directors Incorporated (PRNDI) award for best radio documentary.

See stories by Alex Blumberg