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Detailed text transcripts for TV channel - MSNBC - 20140618:03:59:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20140618:03:59:00

Problem solvable. >> yeah, i mean, i think it's a tough thing. the biggest problem that we have right now is that we have a breakdown in the market system. i'm ordinarily quite a big believer in the market because the market is just the sum of individuals' decisions. but when there's a breakdown in the information mechanism, the market, that's where things go awry. so because there's no price on carbon emissions, it makes things that are carbon producing very rewarding. because the true price is not being paid. so if you're a petrochemical engineer, you can earn a huge amount of money but you ...

Detailed text transcripts for TV channel - MSNBC - 20140618:00:58:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20140618:00:58:00

Time, i mean, if we said, like, okay, let's go as fast as possible which we're certainly not going, it would still take a long time. so the thing that -- that's the thing that i guess makes me a little bit concerned or more than a little bit concerned about the future is that the vast amount of infrastructure that has to change -- >> the legacy stuff that's all just sitting there. >> just so big. >> so big. >> do you think we are properly -- that right now the market and the educational system is properly allocating talent into the areas that we need? because it strikes me that right now when ...