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Programming!
To the Best of Our Knowledge

 

Coming Soon!
A Four Part Series from TTBOOK!

 

PRI
Public Radio International

WPR
Wisconsin Public Radio

 

 
spacer from Wisconsin Public Radio  

THE DISMAL SCIENCE

Program 09-02-01-A

Listen!

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.

SEGMENT 1:

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." He talks with Steve Paulson. Also, Stephen Marglin is a professor of economics at Harvard and the author of "The Dismal Science: How Thinking Like an Economist Undermines Community." He tells Jim Fleming that modern insurance has replaced old community-based support systems, to our detriment.

SEGMENT 2:

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. Also, Steven Levitt is a professor of economics at the University of Chicago, and the author of "Freakonomics." He tells Steve Paulson that things like the housing bubble made no sense to him and his colleagues, and that economic policy is driven by politics, not economics.

SEGMENT 3:

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. - an investment firm dedicated to ethical investing. Fitts tells Jim Fleming that a sustainable economic future is possible through equitable and ethical investing.

 

CD copies are available at 1-800-747-7444. Ask for program number 09-02-01-A.

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Books & CDs:

Paul Krugman, The Return of Depression Economics and the Crisis of 2008 (WW Norton)

Kay Lederer, The Heaven-Sent Leaf (BOA Editions)

Steven Levitt and Stephen Dubner, Freakonomics: A Rogue Economist Explores the Hidden Side of Everything (William Morrow Press)
Stephen Marglin, The Dismal Science: How Thinking Like an Economist Undermines Community (Harvard Press)

Websites:

Music:

  • “Playground for a Wedgeless Form” by the Chemical Brothers on their CD Exit Planet Dust on Astralworks Records.
  • “Everything in its Right Place” by Radiohead (Oakenfold Remix) downloaded with permission at radiohead.com.
  • “In Her Musicbox” by Atmosphere on their CD When Life Gives You Lemons, You Paint That Shit Gold on Rhymesayer Records.
  • “Shuck Dub” by RL Burnside off of his CD Come On In on Fat Possum Records.
  • “Tomorrow is Already Here” by Stereolab off of their CD Emperor Tomato Ketchup on Matador Records.

Distribution dates: week of 02/01/2009 - hour 1
click HERE for timings and cues

Listen!

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Questions and comments can be addressed to: flemingj@wpr.org

     


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