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Welcome to the American Enterprise institute. I am a visiting fellow here as well as the senior Political Columnist at the examiner. What id do here is two programs i am involved with, one is the culture of competition where we talk about competition, we talk about things like subsidies and crony capitalism and when competition yields good fruit and when the pursuit of profit might not yield good fruit. The other thing i work on is called the program on human flourishing, where we talk about happiness. Both of those topics are addressed in our book we will be discussing today which is the up side of down why failing well is the key to success. Here to talk about this we have the author, megan mcardle. Megan mcardle is an Economics Writer at bloomberg. She has written that the atlantic, the economist, newsweek, in addition to writing this, her first book. Our respondent is tyler callan from george using thegeorge washington university. You might know him from his blood marginal revoluti

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