TO THE BEST OF OUR KNOWLEDGE

PROMO FOR  2/1/2009  "The Dismal Science"
*How did our economists miss it? We're in a full-on economic crisis.
Where was the warning? In this hour of To the Best of Our Knowledge, a
look at the so-called dismal science. We'll talk with the winner of the
2008 Nobel Prize for Economics on why the alarm bells never rang. And,
why is it that drug dealers, with all the money they make, still live
with their moms? For that answer and more, we'll apply Freakonomics. 


PROGRAM RUNDOWN:   "The Dismal Science"


0:00 - 22:05        SEGMENT 1: (22:06)
            Paul Krugman won the 2008 Nobel Prize in Economics and
            teaches at Princeton.  His latest book is "The Return of
            Depression Economics and the Crisis of 2008."  He talks
            with Steve Paulson.  Also, Stephen Marglin is a professor
            of economics at Harvard and the author of "The Dismal
            Science: How Thinking Like an Economist Undermines
            Community."  He tells Jim Fleming that modern insurance
            has replaced old community-based support systems, to our
            detriment.  
                         
            Segment One Outcue:  "...PRI - Public Radio
            International."

22:06 - 22:35  LOCAL OPTION with music bed (:29)

22:36 - 41:48       SEGMENT 2: (19:13)
            Katy Lederer is a poet who used to manage a hedge fund. 
            Her latest book is "The Heaven-Sent Leaf."  She reads
            from it and talks about her work with Anne Strainchamps. 
            Also, Steven Levitt is a professor of economics at the
            University of Chicago, and the author of "Freakonomics." 
            He tells Steve Paulson that things like the housing
            bubble made no sense to him and his colleagues, and that
            economic policy is driven by politics, not economics.
                         
            Segment Two Outcue:  "...PRI - Public Radio
            International."

41:49 - 42:18       LOCAL OPTION with music bed (:29)

42:19 - 53:00       SEGMENT 3: (10:41)
            Catherine Austin Fitts was the Federal Housing
            Commissioner and Assistant Secretary of Housing under the
            first Bush administration.  She managed a Wall Street
            investment firm and is now president of Solari, Inc. - an
            investment firm dedicated to ethical investing.  Fitts
            tells Jim Fleming that a sustainable economic future is
            possible through equitable and ethical investing. 
                    
            Segment Three Outcue: PRI Audio Logo


For a copy of this hour, call 1-800-747-7444, and ask for program number
2-1-A.

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