The Dismal Science

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Original Air Date: 
February 01, 2009

How did our economists miss it? We're in a full-on economic crisis. Where was the warning? In this hour of To the Best of Our Knowledge, a look at the so-called dismal science. We'll talk with the winner of the 2008 Nobel Prize for Economics on why the alarm bells never rang. And, why is it that drug dealers, with all the money they make, still live with their moms? For that answer and more, we'll apply Freakonomics.

Paul Krugman on the Crisis of 2008

To The Best Of Our Knowledge
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Paul Krugman won the 2008 Nobel Prize in Economics and teaches at Princeton. His latest book is "The Return of Depression Economics and the Crisis of 2008."

Stephen Marglin on "The Dismal Science"

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Stephen Marglin is a professor of economics at Harvard and the author of "The Dismal Science: How Thinking Like an Economist Undermines Community."

Katy Lederer on "The Heaven-Sent Leaf"

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Katy Lederer is a poet who used to manage a hedge fund. Her latest book is "The Heaven-Sent Leaf." She reads from it and talks about her work with Anne Strainchamps.

Steven Levitt on "Freakonomics"

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Economic policy is driven by politics, not economics.

Catherine Austin Fitts on Ethical Investing

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Catherine Austin Fitts was the Federal Housing Commissioner and Assistant Secretary of Housing under the first Bush administration. She managed a Wall Street investment firm and is now president of Solari, Inc.

Show Details 📻
Guests: 

Paul Krugman

Economist
krugman.blogs.nytimes.com

Stephen Marglin

Professor

Katy Lederer

Poet

Steven Levitt

Professor
Categories: 
Politics and History
Current Events
Last modified: 
August 02, 2024