First things first, id like to welcome beth to the Manhattan Institute where shes recently become a fellow. Prior to joining us, she was a fellow at the Brookings Institution center on children and families, and before that she was a taffe economist staff economist at the president s council of economic advisers and worked extensively on Higher Education policy. Second, id like to welcome beth back to new york. Beth received her ph. D. In math excuse me, her b. A. In math and economics from cunyalbany and her ph. D. From columbia university. Beths here to talk about her book, game of loans. Recently published by Princeton University press and written with matthew of the urban institute. So after reading beths book, i can assure you shes going to fit right in at the Manhattan Institute [laughter] where the scholars really delight in debunking poorly argued narratives in the press and the public debate. And beths book does just that. Its a timely corrective to the wildly exaggerated stud
First things first, id like to welcome beth to the Manhattan Institute where shes recently become a fellow. Prior to joining us, she was a fellow at the Brookings Institution center on children and families, and before that she was a taffe economist staff economist at the president s council of economic advisers and worked extensively on Higher Education policy. Second, id like to welcome beth back to new york. Beth received her ph. D. In math excuse me, her b. A. In math and economics from cunyalbany and her ph. D. From columbia university. Beths here to talk about her book, game of loans. Recently published by Princeton University press and written with matthew of the urban institute. So after reading beths book, i can assure you shes going to fit right in at the Manhattan Institute [laughter] where the scholars really delight in debunking poorly argued narratives in the press and the public debate. And beths book does just that. Its a timely corrective to the wildly exaggerated stud
Throughout the day today. Temperatures right now in the 50s up to 59 in redwood city. Hey, santa rosa your visibility down to a quarter mile due to patchy dense fog. Later today temperatures close to where they should be into the 60s. Well see probably one 70 in the morgan hill area although 71 should be the outside number in gilroy. 67 los altos. Cloud cover into the 60s in the eastern portion of our bay area, 70 brentwood. North bay could see a few sprinkles today. Showers in lakeport and windsor. Rain on the forecast. More coming up. Good morning. We have some good news for mass transit throughout the bay area. All mass transit is on time. The bad news is the Altamont Pass. Lets take a look at traffic coming off 205. Youre moving at 7 Miles Per Hour. You are inching your way through into north flynn road where speeds pick up to 30 Miles Per Hour. It frees up through livermore on to the dublin interchange. Altamont pass to 680 will take 15 minutes. Nimitz freeway, looking good in bot
American dream, american greed, its a very provocative title everything today we are in for a real treat. Were going to try to have a very lively 30 minute discussion and then going to try to leave room for about 10, 15 minutes of obvious questions before we break, and we have a hard stop because of cspan2 today at 10 50. To kick us off, both of your books are so well conveyed and really so captivating, id like to ask each of you to kind of take us off with maybe a two to three minute elevator ride to the top. What are the major points in your books and what do you haver to say about them. Im going to start with bethany. Before i do, shaky ground is the title. Its very timely today come this week unfortunately japan is in the news again, a very severe earthquake. In 2011 i was in tokyo for the big earthquake there which touched off tsunamis in a Nuclear Emergency that they are still trying to deal with. 2008 our Global Financial system melted down. Eight years later bethany says were s
She coauthored the smartest guys in the room about the fall of enron, but more important than that, she actually foretold it a few years earlier when she started asking questions, is enron overvalued x is it transparent. Actually, when she says there may be another issue brewing, we probably ought to sit up and listen. To my left, ben strauss, hes written in depth on College Athletics, but hes really dived into the very rich and multidimensional Human Interest stories behind College Athletes and athletes around the world. Actually, hes got my sons dream job. Frankly, my dream job. So its really great to have you here, and thank you pote for coming both for coming to this years Annapolis Book festival. American dream, american greed, you know, its a very provocative title. And i think today were in for a real treat. Were going to try to have a very lively 30minute discussion, and im going to try to leave room for about 10, 15 minutes of audience questions before we break, and we have a