John Ydstie

John Ydstie has covered the economy, Wall Street and the federal budget for NPR for two decades. In recent years NPR has broadened his responsibilities, making use of his reporting and interviewing skills to cover major stories like the aftermath of 9/11, Hurricane Katrina and the Jack Abramoff lobbying scandal. His current focus is reporting on the global financial crisis. Ydstie is also a regular guest host on the NPR news programs Morning Edition, All Things Considered, Weekend Edition and Talk of the Nation.

During 1991 and 1992 Ydstie was NPR's bureau chief in London. He traveled throughout Europe covering, among other things, the breakup of the Soviet Union and attempts to move Europe toward closer political and economic union. He accompanied U.S. businessmen exploring investment opportunities in Russia as the Soviet Union was crumbling. He was on the scene in The Netherlands when European leaders approved the Maastricht Treaty, which created the European Union.

In August 1990, Ydstie traveled to Saudi Arabia for NPR as a member of the Pentagon press pool sent to cover the Iraqi invasion of Kuwait. During the early stages of the crisis, Ydstie was the only American radio reporter in the country.

Ydstie has been with NPR since 1979. For two years, he was an associate producer responsible for Midwest coverage. In 1982 he became senior editor on NPR's Washington Desk, overseeing coverage of the federal government, American politics and economics. In 1984, Ydstie joined Morning Edition as the show's senior editor, and later was promoted to the position of executive producer. In 1988, he became NPR's economics correspondent.

During his tenure with NPR, Ydstie has won numerous awards. He was a member of the NPR team that received the George Foster Peabody for its coverage of 9/11. Ydstie's reporting from Saudi Arabia helped NPR win the Alfred I. duPont-Columbia University Award in 1991 for coverage of the Gulf War. Prior to joining NPR, Ydstie was a reporter and producer at Minnesota Public Radio. While there, he was awarded the Clarion Award for his report "Vietnam Experience and America Today."

A graduate of Concordia College, in Moorhead, MN, Ydstie earned a bachelor of arts degree, summa cum laude, with a major in English literature and a minor in speech communications.

Ydstie was born in Minneapolis, and grew up in rural North Dakota.

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Business
4:00 am
Wed November 16, 2011

House Panel Votes To End Fannie, Freddie Bonuses

The House Financial Services Committee voted on Wednesday to suspend nearly $13 million in bonuses paid to executives at Fannie Mae and Freddie Mac. The measure would also prohibit future bonuses. The Senate is expected to take up similar legislation.

Economy
12:01 am
Fri October 7, 2011

Does The Economy Need A Little Inflation?

Though most central bankers hate inflation, policies that promote inflation may boost the U.S. economy, some economists say.

Ken Rogoff, former chief economist at the International Monetary Fund, says the Federal Reserve's efforts to boost growth haven't worked and the central bank needs to be more forceful.

"They need to be willing, in fact actively pursue, letting inflation rise a bit more," says Rogoff, who is now a professor at Harvard. "That would encourage consumption. It would encourage investment. It would bring housing prices into line."

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World
2:34 pm
Sat September 24, 2011

World Powers Seek To Contain Europe Debt Crisis

Originally published on Mon September 26, 2011 12:14 pm

World stock markets tumbled this week amid fears about Europe's debt crisis, and the subject dominated the discussions at the fall meetings of the World Bank and International Monetary Fund held this weekend.

Europe's sovereign debt problems, including the growing possibility of a default by Greece, have been festering now for more than a year. Investors in the financial markets are questioning the will and capacity of European governments to solve the problem. In the seminars and salons surrounding the meetings, financial heavyweights sounded the alarm.

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Economy
7:02 am
Sat September 17, 2011

Median Male Worker's Income Lower Than In 1973

Tuesday the government's annual poverty and income report revealed that the earnings of male workers in the middle of the income ladder are lower today than they were almost 40 years ago.

In 1973 the median male worker earned just over $49,000 when adjusted for inflation, while in 2010 that worker made about $1,500 less. Yet, in the same period, the output of the economy has more than doubled, and the productivity of workers has risen steadily.

What Has Changed

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Around the Nation
8:00 am
Sun August 7, 2011

Urban Rangers Quest For The Natural L.A.

The Los Angeles Urban Rangers are an art collective set on teaching Angelenos how to view nature in their everyday surroundings. Guest host John Ydstie travels with the Rangers on their newest expedition: to explore the L.A. River, a neglected natural resource.

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