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joining us now is economics professor atif mian. professor, how did you and i caused a great recession? guest: so the basic idea can we give the agenda that which is that come the important thing to understand is why debt can be harmful for the coming. that s what the book is about. it s about understanding the mechanism through which that can at times be destructive. so we talk about what other mechanisms that make that destructive for the macro economy and what come in into the book we talk about how can remedy the situation and how we can improve the way our financial markets work. away that we can benefit from the financial markets but at the same time minimize the negative consequences of some of the excesses. quite naturally for various reasons but we need to have a system that can deal with those once we realize that somebody oversteps for example, in their borrowing. .. thank the equation and take a more holistic approach to the issues regarding that. host: what i
WashingtonDistrict-of-columbiaUnited-statesAtif-mian like him. host: house of debt is the name of the book. princeton professor of economic and public affairs atif mian is the co-author. you are watching booktv on c-span2. in 2003 judith miller wrote several stories on invasion of iraq and weapons of mass destruction in an effort to reveal scooter libby. she was found in contempt of court imprisoned in a federal jail for 85 days. tonight she talks about her time in jail and the story, a reporter sure nate. guest: i was in jail because i refuse to reveal the identity who did not want as identity revealed. protect sources is the independent journalism. i really thought unless the people that i routinely spoke to let access my sources would dry up and eventually this is a question of principle that i didn t have much choice. host: now on booktv we want to introduce to do history professor transfixed. he teaches at princeton where both tv and established a new book one nation under god it is called. have we always bee
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