In tonight's "Defining Moments," Boom Bust shows off the most interesting comments made by our guests this week, including remarks from Rob Barnett, Victor Matheson, Alex Daley, Paul Craig Roberts, and Anthony Randazzo.
Erin is joined by Richard Wolff, visiting professor at The New School and well known Marxist economist, who tells us where he thinks the US economy is headed and gives us his take on why many in the US believe the economy remains fragile.
It was a historic day on Wall Street with the Dow topping 16,000 on Monday. Well tell you why and what caused the run. And the revolving door of Washington-to-Wall-Street takes another spin. This time it's Timothy Geithner in the turnstile.
Professor James Galbraith speaks to his book "The Predator State," which tackles the theme of corporatism impeding government from executing its public purpose. Also, Erin Ade and Edward Harrison discuss government waste -- with some stunning examples.
JP Morgan is cutting another check to the Justice Department, this time for the troubles of Bernie Madoff. We'll tell you all about it. Plus, this week five financial regulatory agencies approved "The Volcker Rule."
This week may prove to be an explosive one for the financial markets, given the possibility that the Fed may finally begin to pull back on its $85-billion-a-month bond-buying program. Plus, why are some nations prosperous while others struggle?
Erin sits down with Richard Ebeling, Professor of Ethics and Free Enterprise Leadership at The Citadel. Also: Erin talks to Victor Matheson on how important winning is in terms of financial performance in the sports industry.
Edward Harrison sits down with Lockhart Steele, editorial director of Vox Media. He tells us why he decided to get involved with new media as a blogger and gives us his take on how blogging transformed the journalism industry.
Erin talks to John Brynjolfsson to explore the recent news surrounding the ECB and gets his macro take on it. Also: Erin is joined by Soraya Darabi and Maxine Bedat, co-founders of the fashion startup Zady, to discuss conscious consumerism.