Hoover Institution fellow Michael Bordo discusses the Great Recession and what contributed to it. He also address whether growing inequality contributed to the recession. He considered the evidence for the claim that recessions caused by financial crises necessarily lead to slow recoveries. The discussion then turned to Canada and why it did not have a banking crisis during the Great Recession and why its contraction was far milder than the one in the United States.

Hoover Institution fellow Victor Davis Hanson discusses the 2016 presidential elections as well as his Defining Ideas article "Who Are Those Darned “Elites”?

Hoover Institution fellow John Cochrane discusses the “new normal” of 2 percent annual growth in GDP, which doesn’t sound far off from the 3.5 percent growth that characterized the US economy from 1950 to 2000.

The news here is that serious economists are advocating these policies, not just to transfer income from one to another, reduce inequality, help specific groups, or enhance some sense of social justice, at the expense of dynamism and growth, but that more Federal control of the labor market will increase wages, productivity and economic growth for everyone!