Oct 10, 2008
Stories about people trying to find new solutions to age-old problems—solutions that sometimes cause problems of their own. Alex Blumberg returns (in collaboration with the Planet Money podcast) with the latest in the financial crisis.
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You can listen to the 2006 version of this episode, with two additional stories, here.
- To deal with the financial crisis, our own government has also had to reinvent itself, with questionable consequences. This American Life producer Alex Blumberg and NPR's financial reporter Adam Davidson talk to Brad Setser, an economist at the Council on Foreign Relations who used to work at the U.S. Treasury. Together they explain what happens when the government reinvents itself as a bank—and not necessarily a successful bank. Alex and Adam are part of an NPR's Planet Money project. (6 minutes)