Recently, on Charlie Rose: A discussion about the economy with Nina Easton, Fred Mishkin, Nouriel Roubini and Mark Zandi
From the archive: The US has been living in a situation of excesses for too long. And when you have too many financial engineers and not as many computer engineers, you have a problem. I think this country needs more people who are going to be entrepreneurs, more people in manufacturing, more people going into sectors that are going to lead to long-run economic growth. When the best minds of the country are all going to Wall Street, there is a distortion in the allocation of human capital to some activities that become excessive and eventually inefficient.
A discussion about the economy |