Major funding for the pbs newshour has been provided by life wellplanned. Learn more at raymondjames. Com. Consumer cellular. Babbel. A Language Program that teaches spanish, french, italian, german, and more. And by the alfred p. Sloan foundation. Supporting science, technology, and improved Economic Performance and Financial Literacy in the 21st century. Carnegie corporation of new york. Cupporting innovations in education, democra engagement, and the advancement of International Peace and security. At carnegie. Org. And with the ongoing support of these institutions and individuals. This program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Woodruff pomp, pageantry and armored tanks. Um president creates a different type of fireworks this peurth of july, as the country celebrates this inence day. John yang begins our reporting. All of you aspired to be amicans. Yang this july fourth, Vice Pres
Major funding for the pbs newshour has been provided by life wellplaed. Learn more at raymondjames. Com. Consumer cellular. Babbel. A Language Program that teaches spanish, french, italian, german, and more. And by the alfred p. Sloan foundation. Supporting science, technology, and improved Economic Performance and Financial Literacy in the 21st century. Rp carnegie ation of new york. Supporting innovations in education,emocratic engagement, and the advancement of International Peace and security. At carnegie. Org. And with the ongoing support of these institutions anindividuals. This program was ibde po by the corporation for public broadcasting. And by contributions to yourbs station from viewers like you. Thank you. Woodruff pomp, pageantry and armored tanks. Prident trump creates a different type of fireworks this fourth of july, as the country celebrateshis Independence Day. John yang begins our reporting. All of you aspired to be americans. Yang this july fourth, Vice President p
So it is my great pleasure to have an evening with alvin roth who will join the conversation. And and her daughterinlaw. This is ben hum of the Program Since 2010. I am also confronted with skepticism of economic tyranny. But my instinct is to check my watch. [laughter] with my two favorite examples end what is achievable for those individuals have you get the is into an overall ranking they will prove it is logically impossible that satisfies the requirements from democracy. True democracy with relationships in medical careers in reach. [laughter] when you think about it the for those consumers they value the most. With those logistical limitations to match up in the best possible way. Is to be directly applied. I personally am a huge fan. I have wonderful memories of attending his lectures as a graduate student at m. I. T. Alvin roth also taught economics at stanford also receiving his ph. D. In 1974. But i am happy to welcome the foundation and. So with those mets did said the valua
Actually to switch cotton production to Food Production. In fact what everybody realizes especially in the blockade in 1861s were probably not going to get our cotton out of here anyway, we all know about Jefferson Davis king cotton diplomacy and withhold our cotton and force britain and france to come in on our side so they can get our cotton, of of course they start getting conned from india and brazil, and egypt and elsewhere. Thats out of my realm, i dont know. But what will happen during the war itself is that the State Government in order to feed the massive armies and the population, they will call on farmers to actually switch production from cotton to Corn Production and other foodstuffs as well. In fact i fact i saw a very interesting piece of letterhead, i was doing some research and a letter was written in february 19, 1862 and the letter had had cornstalks and it said cotton is no longer king, corn is king now. It was the effort of course to get people to switch from comp