Behavioral economist Richard Thaler talks to bestselling author Malcolm Gladwell on the implications of behavioral economics on how we think about the world, from our personal lives to business to society. They will have you retooling your grocery list and retirement strategies, and lead managers to rethink every aspect of their business.
60:30this is an important point someone whohas always been the the A+ student thisthe court feel are the obvious smartestkid in the room right golden boy issomeone who is who is not powerfullymotivated to disrupt the status quoright right right is rare going I seewhere you’re goinglook no I think it’s an obvious pointthat if I were if I had been really goodat doing economics I wouldn’t have hadto do this you know all rightI mean I sure when Rosen my advisor Iquote him in the in in an article in TheNew York Times he told the reporter whoasked about my career as a grad studentquote we didn’t expect much of him yeahand you it’s always good to have youI think it’s been purestupidity that we haven’t been buildingroads bridges and so forthfor the last seven years when we wecould we can borrow at a negativeinterest rate and use otherwise idleresources I mean it’s just mind bogglingthat we haven’t done that and and youdon’t have to be a Keynesian to thinkthat so whether or not this wouldstimulate the economy let’s just supposewe do just cost-benefit analysis we havebridges that are all going to fall downall around the country we could bebuilding them with construction crewsthat have nothing to do and borrowing atzero interest rate and we’re going tohave to do start doing it as soon as theeconomy picks up when it will cost a lotmore so complete stupidity
Ms. Ingraham honed her craft in college at The Dartmouth Review, the undergraduate right-wing journal that earned national recognition (and some revulsion) for stunts that, in hindsight, presaged the antics of Breitbart reporters.
.. “All the way back to Dartmouth, I was part of the insurgency,” she said.
In an era before mainstream acceptance of homosexuality, Ms. Ingraham assigned a reporter to attend a meeting of the campus gay students’ alliance and published a transcript of the proceedings, naming names. Years later, she apologized, citing in part the experience of her gay brother and his partner, who had AIDS.
.. “Laura represents her own unique brand,” said Christopher Ruddy, who runs Newsmax, a Fox News competitor. “She comes out of the milieu of talk radio, where the economics of that business have driven a lot of hosts who were moderately conservative to be a little edgier.”
.. She had been encouraged to back Mr. Brat by a producer, Julia Hahn, who went on to write for Breitbart and now works in the White House.
.. Asked if she is bringing a Breitbart viewership to Fox News, Ms. Ingraham responded: “I wouldn’t call it a Breitbart audience. I would call it America.”
“I like Tom Wolfe’s description of the country,” she continued. “There’s America. The coasts are like the parentheses. In between is the country.”