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The Economic Pits with James Poterba

Note: this interview was broadcast on the WGBH public radio affiliate WCAI, on the Cape and Islands!

James Poterba

What is the right expression to describe today’s economic nightmare? I’m sick of “mess” and “crisis” is too bland. What about “cesspool”? Well, I compromised with “pits” — feel free to add your own juicy descriptions in ThoughtCast’s comments section!
Either way, I dived into the “pool” with MIT’s Mitsui Professor of Economics James Poterba, who’s also the head of the National Bureau of Economic Research, the think tank in charge of determining when recessions start … and end. Wouldn’t that be nice? Headlines proclaiming the “end” of this rather inordinate business cycle.
Are these ups and downs indeed just a part of capitalism’s inevitable booms and busts? Ought we to accept them as natural, rather than resist them? Or ought we to scrap the “system” and rebuild? You tell me…
But first, listen to this: (15:30 minutes).

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Posted on February 23, 2009 in Economics, MIT, Politics, Psychology
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Our American “Empire” with Niall Ferguson

Note: This interview has been picked up by the public radio stations WGBH, in Boston, its affiliates WCAI and WNAN, and WCVE in Richmond, VA.

In some ways, the Scottish historian Niall Ferguson is the Russell Crowe of the academic world: charismatic, unconventional, and definitely controversial. He’s also a big fan of the British Empire — and wants the United States to follow in its footsteps. That means it’s our job to form colonies in hot climates, for years on end.
But are we up for this? While Niall would like that to be the case, he doesn’t really think so, because, he says, we’re an empire “in denial” …
Click here: to listen to a 4 minute excerpt.
Click here: to listen to the entire interview (15:30 minutes).

And to listen to this interview with Niall Ferguson on the WGBH Forum Network, click here!

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Posted on July 23, 2008 in Economics, Front Page, Harvard Luminaries, History, Politics
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The Future of Europe – with Alberto Alesina

Note: a portion of this interview was broadcast on the WGBH public radio affiliates WCAI/WNAN!
Alberto Alesina Whither the European Union? This is not a question we (in America) often ask ourselves. But perhaps we should. As we now live in an era of borderless commerce – and threats – it might be wise for us to know a bit more about how our key ally, Europe, is faring. Is the EU more than just a powerful economic bloc? Does it have political clout as well? What about a common foreign policy, and the means to back it up?

Harvard economist Alberto Alesina has devoted himself to these questions. In a book he co-authored with Francesco Giavazzi, he asks: The Future of Europe: Reform or Decline??
Click here: to listen. (27 minutes)

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Posted on September 2, 2007 in Economics, Harvard Luminaries, Politics
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Economist Amartya Sen on “Identity and Violence”

Note: this interview was broadcast on WGBH Radio. And here’s a PRX review of the program!

Amartya Sen, the distinguished economist, philosopher, Nobel laureate and Harvard professor, talks with ThoughtCast about “Identity and Violence: The Illusion of Destiny.”

This new book examines the unfortunate connection between violence and our tendency to identify with one key trait — our ethnicity, or religion, for example — to the exclusion of all others. Sen argues that we can combat this tendency by rejecting this narrowly defined, limited sense of identity, and embracing a broader, richer and more complex understanding of ourselves.
Amartya Sen was born in West Bengal, India (now Bangladesh) and teaches economics at Harvard University. He is known in the wider world for his work on the causes of famines.
Note: Susan Wennemyr served as associate producer on this program.
Click here: to listen (28:30 minutes).
To listen to a panel on “Combating Global Poverty” that includes Sen, click here to access WGBH’s Forum Network.