Page 45 - Paul Samuelson News Today

indians, children when they met their grandparents they bowed very deeply to receive a blessing and normally the blessing would be to give a very nice caress to your head but in this case my grandfather used to give me a big thump on the back. and he was quite thin but sometimes his thump would be quite strong. he was warm and affectionate and sometimes he made jokes and i made jokes to him but one thing was there. his grandchi...

themselves and would lose the character traits. he is a credibly admirable person who was a co-chair of the recent commission. -- erskine bowles -- observation. predictable crisis in our history. he is talking about the debt so we piled up in the fact that we cannot pay them and we need the book. plato predicted it. our founding fathers,they worry that this experiment would run aground. it comes from ben franklins comment when the ink is barely dry. -- the title of the book -- a lady c...

that is near the end. who are the skeptics? >> there is the long line of people beginning at the dawn of democracy in ancient greece. they said the government by the people might be a cute idea. it would break down because politicians will learn to pander and promise more than could be afforded or the people themselves and would lose the character traits. he is a credibly admirable person who was a co-chair of the recent commission. he has made a very sound observation. we are facing t...

>> there is the long line of people beginning at the dawn of democracy in ancient greece. they said the government by the people might be a cute idea. it would break down because politicians will learn to pander and promise more than could be how afforded or the people character traits. he is a credibly admirable person who was a co-chair of the recent commission. he has made a very sound observation. we are facing the most predictable crisis in our history. he is talking about the deb...

written books that you may not have heard of. this month we are at george mason university in fairfax, virginia, on the outskirts of washington d.c., the mature area. we are talking with johan bachmann his book is a market in the name of socialism, the left-wing origins of neoliberalism. first of all, what is neoliberalism? >> guest: thats a very good question. actually a word that is much more popular in europe. people in europe on the street can talk quite freely. latin america also ...

delay bankruptcy. they lost more money in an ford lot on the edsel. it was a complete blood bath for convair. and the problem was they were a military company and they didnt understand how different commercial markets worked. so they tried treat it like a commercial market. how do you succeed in the military? you promise to be very responsive. whatever you say, even if the task is impossible, you want a plane that can fly 10,000 mile do, a round trip in ten minutes, were on it, right? ...

negotiating. in other words, these are the kinds of things that we would involve in a negotiation rather than unilateral action. that is a very important mark to look at and i refer all of you to them if you are not familiar to them. it lays out a policy very succinctly in my view. very interesting proposal. there are a number of proposals in and out of government. i am not at this stage in my own deliberation or with my interagency colleagues ready to endorse the -- my colleagues may ...

>> bob samuelson, one of the things about your habits as a reporter is that you never vote. >> years ago i decided not to vote because i thought that when you vote you make a psychological commitment to one side and against the other side, and i thought it better not to do that. i discovered a number of other journalists, including the former editor of "the washington post" had the same practice, and i assumed for roughly the same reasons, but my wife decides this as one of the dumbest...

do that. it was a private matter and i discovered other journalists have the same practice and i assumed for roughly the same reason. my wife describes it as one of the dumber things that i do. she has a long list of dumb things i do. >> why does she think that? >> she thinks that you want to exercise your right as a citizen. she probably thinks that you have a bias for and against certain people and certain positions anyway. you write a column that is an opinion column, so what is the...

side and against the other side and i thought it better not to do that. it was a private matter and i discovered another -- other journalists have the same practice and i assumed for roughly the same reason. my wife describes it as one of the dumber things that i do. she has a long list of dumb things i do. >> why does she think that? >> she thinks that you want to add a -- exercise your right as a citizen. she probably thinks that you have a bias for and against certain people and cer...