And his new book is an exceptionally clear and broad overview of the state of American Economic life. The actual conditions we face, that trends over recent decades, how those related to some of the dark stories that we hear in our politics about the conditions americans have experienced and also what our prospects are. I think its fair to say he finds think so much better than the mood of our politics and the critics of the market economy would sometime suggest but that we do face risks and that maybe that mood and those critics are among the most important of those risks. Its a controversial thesis. I do say as a im resistant to being told everything is fine. But it is a very powerfully argued thesis and as you will see and hear tonight, a very thoroughly supported thesis in the book. Richard reeves, one of the spar social analysts and policy thinkers in washington, richard is a whitehead chair and senior fellow atn economic status of te brookings institution. Hes director of the bro
In the handlers, as he spent cities. Good evening everybody will get started welcome to the American Enterprise institute. And director of social cultural and constitutional studies. Ai. It is my great pleasure tonight talking you to discussion of important new book by my good friend and colleague, michael read michael is the director of economic studies. Ai is a widely published scholar labor economic Public Finance and many other areas in his new book is an exceptionally clear and broad overview of the state of an American Economic life. The actual conditions we face, the trends, over recent decades and others relate to some of the dark stories that we hear in our politics about the conditions that americans are experiencing also where profits are. Any sort of saved things that are much better than the mode of our politics and the critics of the market economy would sometimes suggest that we do face risks in the navy that mood and those critics, are the among the most important of th
A tremendous challenge in our highly networked world. Going viral will a new type of Infectious Disease dramatically change the way we do business. Its globalization. To spread around the planet at such incredible speed but now the whole concept of globalization itself is ailing the outbreak has brought Global Supply chains to a standstill including the most important one during a pandemic medical supplies and pharmaceuticals a serious example illustrating just how dependent the entire world has become on just one economy by far the biggest player in the Global Supply chain china and now countries around the world are concerned about shortages and. This pharmaceutical wholesaler currently has 130000 different medications stored in its warehouses its supplies pharmacy across germany. So what about. The main concern is that many pharmaceutical products and active ingredients are produced in asia what that means is becoming clear right now during the current pandemic. In germany only prod
Package may not be needed. Dow industrials down 76, s p down 4 points and nasdaq lower by 2 and a half this after roller coaster week on wall street where we saw dow industrials go back to bull market territory posting largest weekly gain since 1938. Dow, nasdaq, s p 500 up better than 9 on the week. We are now off of the lows at 20. 54 a barrel, down 97 cents, 4 lower. Cases of coronavirus are rising across the country, death toll topping 1,000 in new york. Mayor de blasio says people who do not practice social distancing in the city can face fines up to 500dollars. A Million Dollars raised fox last night including fox business. More Companies Help to go fight the war on coronavirus. Manufacturing, medical supplies to free flight to healthcare workers. Mornings with maria is live right now. Maria lets check Global Markets this morning as u. S. Searches for direction. We have weakness across europe, cac quarant down 41 and dax index in germany lower by 32 points. European leaders conti
In the handlers, as he spent cities. Good evening everybody will get started welcome to the American Enterprise institute. And director of social cultural and constitutional studies. Ai. It is my great pleasure tonight talking you to discussion of important new book by my good friend and colleague, michael read michael is the director of economic studies. Ai is a widely published scholar labor economic Public Finance and many other areas in his new book is an exceptionally clear and broad overview of the state of an American Economic life. The actual conditions we face, the trends, over recent decades and others relate to some of the dark stories that we hear in our politics about the conditions that americans are experiencing also where profits are. Any sort of saved things that are much better than the mode of our politics and the critics of the market economy would sometimes suggest that we do face risks in the navy that mood and those critics, are the among the most important of th