Ben and Joel are joined for this episode by Nicole Gelinas, contributing editor of the Manhattan Institute's City Journal and author of the forthcoming After The Fall: Saving Capitalism from Wall Street and Washington (Encounter). Gelinas's writing on what led up to the 2008 financial collapse and what's happened in the aftermath cuts through the cant and clichés of conventional wisdom.
Among the questions we discuss:
• Have Republicans missed the boat on minimal regulation?
• What does "proper regulation" look like?
• Why do Americans oppose bailouts?
• Is globalization limiting America's economic recovery?
• What's the next bubble?
Music heard in this podcast:
• "We're in the Money" - Golddiggers 1933
• "Fork in the Road" - Neil Young
• "The Great Bank Robbery" - Jerry Van Rooyen
• "Gimme Some Money" - Spinal Tap
• "The Big Money" - Rush
• "You Can See Me" - Supergrass
• "Utopian Steak" - The Joel Mathis Experience