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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
Comments
Nicole Gelinas and Capitalism
Since I edited the podcast, I've listened to it a couple of times now. It actually gets better with repeated listening. Nicole Gelinas is a terrific, knowledgeable guest. We'll try to have her back before too long.
My only regrets are technical. First, Skype acted up on us, and we actually had to restart the call about two-thirds of the way through the recording. Then most of the audio was isolated on the right channel, which forced us to find a workaround. (Thanks to Monkey Robb for taking time out of his weekend to help get this done.)
Second, I'm kicking myself for using "Capitalism" to open the episode before this one. I mean, duh. Oh, well.
Utopian Steak
The full artist citation should be: "The Joel Mathis Experience featuring Ronald A. Loud"
ROYALTIES! ROYALTIES!
it's *just* like my favorite duo of Elton John and Lenny Bruce, or whoever that lyrics guy was for Elton back in the seventies.
Bernie something.
BERNIE TAUPIN! Ron A. Loud is Joel's Bernie Taupin!
.
"Don't confuse political savvy with competence or principles." -- RobbL, 2009
Re: Royalties
Shhh. I want to keep the vast fortune all to myself.