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Fed Hints At More Action To Boost Economy

Federal Reserve Chairman Ben Bernanke talks to educators Aug. 7 in Washington, D.C. At their most recent meeting, many Fed members backed action to boost the economy. Manuel Balce Ceneta/AP hide caption

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Manuel Balce Ceneta/AP

The Two-Way

Fed Hints At More Action To Boost Economy

Many Federal Reserve members said there would have to be action fairly soon if the economy didn't pick up, according to the minutes of their most recent meeting. Separately, the CBO warned of a recession if the economy goes off a "fiscal cliff" at the end of year.

The Moonshine Stimulus

An anti-Prohibition parade float circa 1925. Olde Tymes/Flickr hide caption

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Olde Tymes/Flickr

Planet Money

The Moonshine Stimulus

On today's podcast we explain how Prohibition, a divisive moral issue, became a celebrated business stimulus plan.

The Moonshine Stimulus

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