Aired 03/21/10

I've been trying to book William Greider ever since I read an article of his last August about restructuring the Federal Reserve. For some, the Fed is the at the center of all that ails us. For others, it is the right place to house any new financial regulatory powers we might gain as a result of the current crisis.

There are now 32 co-sponsors for S604 in the Senate and 317 for HR1207 in the House for bills to audit the Federal Reserve, and 95,000 have signed a petition at http://www.auditthefed.com/

Just yesterday The U.S. Court of Appeals for the Second Circuit in New York ruled the Federal Reserve must disclose the names of banks that could have collapsed if they had not received emergency loans.

Greider wrote perhaps the finest book on the Federal Reserve and always seems to keep an eye on its secretive and too powerful ways. He challenged Greenspan and Paulson long before it was fashionable. And he was right.

We'll focus on the Fed and deal with other economic and political issues if we have time.

 

Aired 03/07/10

JOSEPH STIGLITZ became a full professor at Yale in 1970 at the age of 27, and in 1979 was awarded the John Bates Clark Award, as the economist under 40 who had made the most significant contribution to the field. He has taught at Princeton, Stanford, MIT and Oxford, and is now University Professor at Columbia University, Chair of Columbia's Committee on Global Thought, and co-founder and Executive Director of the Initiative for Policy Dialogue.

Stiglitz was a member and chairman of the Council of Economic Advisers during the Clinton administration, and later Chief Economist and Senior Vice-President of the World Bank. In 2001, he was awarded the Nobel Prize in economics and he was a lead author of the 1995 Report of the Intergovernmental Panel on Climate Change, which shared the 2007 Nobel Peace Prize.

JOSEPH STIGLITZ is the author of, among other books, Globalization and Its Discontents, Fair Trade for All, Making Globalization Work, The Three Trillion Dollar War: The True Cost of the Iraq Conflict, with Linda Bilmes, and his newest, Freefall: America, Free Markets, and the Sinking of the World Economy.

http://www.josephstiglitz.com/

 

Aired 01/10/10

JIM WALLIS Founder/President, Sojourners; editor, Sojourners magazine; Author, GOD'S POLITICS; THE GREAT AWAKENING; and his newest, REDISCOVERING VALUES on Wall Street, Main Street, and Your Street: A Moral Compass for the New Economy.

In REDISCOVERING VALUES, JIM WALLIS argues that the worst thing we can do now is to go back to normal. Normal is what got us into this mess. We need a new normal, and this economic crisis is an invitation to discover what that means. Some of the principles he offers for a new normal are...
· Spending money we don't have for things we don't need is a bad foundation for an economy or a family.
· Care for the poor is not just a moral duty, but is critical for the common good.
· A healthy society is a balanced society in which markets, the government, and our communities all play a role.

 

 

Aired 11/01/09

ZACHARY KARABELL argues that the economies of China and the US have melded over the past 20 years, as billions of dollars flow east from the US for Chinese-made goods and return to this country from China in exchange for IOUs.

"This mega-economy is hiding in plain sight, unrecognized, unacknowledged, and unwanted by many millions whose lives are being reshaped by it." Karabell's not suggesting this is an unalloyed good thing, "but it's a fact. And it's better to deal with reality than live in a fantasy land."

ZACHARY KARABELL is President of River Twice Research, where he analyzes economic and political trends. He is also a senior advisor for Business for Social Responsibility, which develops sustainable business strategies. Previously, he was president of Fred Alger and Company; and portfolio manager of the award-winning China-U.S. Growth Fund, and launched the $30 million Spectra Green Fund, linking profit and sustainability.

Educated at Columbia, Oxford and Harvard, his previous books include A Visionary Nation: Four Centuries of American Dreams and What Lies Ahead, The Last Campaign: How Harry Truman Won the 1948 Election, and Peace Be Upon You: The Story of Muslim, Christian and Jewish Coexistence.

http://www.rivertwice.com/

http://www.randomhouse.com/author/results.pperl?authorid=15081

 

Aired 08/25/09

Michael Lind is a Senior Research Fellow and Policy Director of New America's Economic Growth Program. Lind's first three books of political journalism and history, The Next American Nation: The New Nationalism and the Fourth American Revolution; Up From Conservatism: Why the Right Is Wrong for America; and Vietnam: The Necessary War were all selected as New York Times Notable Books. Other books include Made in Texas: George W. Bush and the Southern Takeover of American; What Lincoln Believed, and with Ted Halstead, of The Radical Center: The Future of American Politics. Lind has been an editor or staff writer for The New Yorker, Harper's Magazine, and The New Republic, and writes frequently at Salon.com.

http://www.newamerica.net/people/michael_lind