Jon Stewart's solution to economic crisis - While interviewing Lawrence Lindsey, author of What the President Should Know, Jon Stewart's shares his solution for the economic crisis: Instead of paying bail out money to banks, pay the money to consumers, who will pay it to the banks to help reduce the consumers' loan debt. That way everyone (except for taxpayers) wins: the banks get the money AND consumers gets debt relief.
Lindsey, a finance savvy guy, sort of agrees, but argues that paying the consumers rewards consumers for bad behavior ("Oh, I can get a loan and get money from the Government to pay it off"). As Stewart quickly pointed out, same can be said for the banks.
Charlie Rose conversation with Malcolm Gladwell - Thoroughly enjoyed this Charlie Rose interview with Malcolm Gladwell. Gladwell was relaxed, passionate, involved, articulate--and Rose didn't interrupt too much, letting Gladwell play jazz with his words and ideas.
At one point Rose asked Gladwell about his explanation for why people from Asian cultures are better at math than people from European, American, and other non-Asian cultures. Odd, seemingly racist topic, but apparently the research is clear--Asian cultures do better in math than most non-Asian cultures. Gladwell has an interesting theory as to why...
Where Does the Money Go? - In their book Where Does the Money Go - Your Guided Tour to the Federal Budget Crisis, Scott Bittle & Jean Johnson explain in understandable terms where the U.S. government spends YOUR tax dollars.
In an interview with Bill Moyers, Bittle and Jean reveal that the U.S. Government has spent more money than it received in taxes for . Meaning, that in good times and bad, the U.S. Government is spending more than it brings in. No company, no household, no government can spend more than it receives without consequences. Companies and households go bankrupt (or get a government bail out). The government simply borrows and prints more money, which eventually leads to a financial crisis (inflation, currency collapse, etc.)
Some think the spending problem would be solved if we left IRAQ. Not so....
Heard a fascinating interview with Joaquin Phoenix on AMC's Sunday Morning Shootout with Peter Guber and Peter Bart. Phoenix was there with director James Mangold promoting their movie Walk the Line. I heard somewhere that Phoenix had been odd and uncooperative in his interviews. However, in this one he was great, giving sensible, insightful answers.
Here are some highlights.
NOTE: Just heard that Phoenix has decided to quit his acting career...to pursue his music career?
Absolutely delightful interview with John Cleese by Michael Parkinson. Six parts on Youtube. Enjoy...
Videos were removed...bummer... Perhaps there's another source.
- The interview: Robert Pirsig | By genre | Guardian Unlimited Books
- "The Seventies bestseller Zen and the Art of Motorcycle Maintenance was the biggest-selling philosophy book ever. But for the reclusive author life was bitter-sweet. Here, he talks frankly about anxiety, depression, the death of his son and the road trip that inspired a classic."
My notes from interview Russ Roberts had with Nassim Nicholas Taleb.
Nassim Nicholas Taleb & Russ Roberts - Listened to a fascinating interview on EconTalk between Nassim Nicholas Taleb and Russ Roberts. Roberts (the interviewer) does a terrific job drawing out Taleb and clarifying the randomness expert's unconventional ideas and arguments.
Listening to Taleb is like watching a magician. His thought experiments and arguments seem like a slight of hand, and I'm often surprised by their conclusions. Makes for a wonderfully satisfying discussion. Roberts, again, doesn't let anything pass without getting clarity from Taleb.