Photo: #Traders signal offers in the Standard & Poors 500 stock index options pit at the Chicago Board of Options Exchange May 30, 2006 in Chicago. Higher oil prices and a drop in consumer confidence sent stocks downward with the S&P 500 cash index dropping more than 20 points to close at 1259.84.
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Traders signal offers in the Standard & Poors 500 stock index options pit at the Chicago Board of Options Exchange May 30, 2006 in Chicago. Higher oil prices and a drop in consumer confidence sent stocks downward with the S&P 500 cash index dropping more than 20 points to close at 1259.84. (Photo by Scott Olson/Getty Images)

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The Naked Economist

Broadcast: Midmorning, 11/16/2007, 9:06 a.m.

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Market analysts openly worry about recession, but do high fuel prices necessarily cool the economy? Naked Economist and columnist Charles Wheelen gives his analysis. And he talks about the economics behind terrorism.

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  • Charles Wheelan: is a lecturer in the Harris Graduate School of Public Policy at the University of Chicago, and the author of "Naked Economics: Undressing the Dismal Science." He writes a monthly column for Yahoo Finance. He joins us by phone from Chicago.

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