19 May 2013

follow BhTV

The Glenn Show

Glenn Loury (Brown University) and Larry Kotlikoff (Boston University)

Glenn and Larry discuss the LIBOR rate-fixing scandal. Larry gets into the details about how LIBOR works, lamenting a lack of transparency in the gigantic global financial derivatives market. Larry tells how his visit to the Goldman Sachs trading floor made him sick to his stomach. They use the Tylenol drug tampering crisis to explicate our banking woes. Larry explains why leverage plus opacity plus limited liability is a formula for perpetual financial crisis, and recommends creating a financial version of the FDA to certify the "health" of financial instruments. Glenn and Larry outline why banking is different than any other kind of business.

Recorded: Aug 9   Posted: Sep 4, 2012
Download:   wmv | mp4 | mp3 | fast mp3
The Glenn Show | Sep 4, 2012 | Glenn Loury & Larry Kotlikoff

The real origins of fairness

Laurie Santos talks to Alex Shaw about his experiments in which kids make important decisions about erasers.   Play entire video

The future of US-Pakistan relations

Neil Bhatiya and Colin Cookman discuss whether the fraught relationship between America and Pakistan will improve under new Prime Minister Nawaz Sharif.   Play entire video

How simultaneous scandals could help Obama

Kevin Glass and CJ Ciaramella float a counterintuitive theory.   Play entire video

Is eating organic food conservative?

Bill Scher and Matt Lewis consider. Plus: The politics of scandal.   Play entire video

Growing up fundamentalist

Sarah Posner and Sigal Samuel reflect on the complex choices facing Orthodox Jewish women in secular society. Plus: Fighting for the right to pray.   Play entire video

Is there a democratic rollback in Latin America?

Rob Farley and Colin Snider consider. Plus: A remarkable conviction in Guatemala.   Play entire video

A liberal’s argument for intervention in Syria

Zaid Jilani makes the case, but Ali Gharib is very skeptical. Plus: Debating intervention.   Play entire video

What sports stats can’t tell you

On the debut of The Score, Michael Brendan Dougherty and Freddie deBoer discuss the emotional side of sports. Plus: The glorious irrationality of sports.   Play entire video

The intellectually honest way to debate

Tamar Gendler talks to Daniel Dennett, author of the new book Intuition Pumps and Other Tools for Thinking. Plus: "Surely" you jest   Play entire video

How moderate Democrats are like unicorns

Betsy Woodruff and Kate Nocera reflect on an endangered species. Plus: A political reporter's dream.   Play entire video