and a smaller group of men teaser to solve this problem. area d. comes into effect and it is from there that the sort of joe. the entire washington area has been mentioned as a training ground and taylor is not h. airborne officer. he's a man of action and he wants to go overseas. it's early 1943 and he gets assigned -- he demands to be assigned to a base in alexandria, egypt. he's one man that goes overseas by himself and has to set up the fact is that an entire area and that is what he does. he's a lowly captain at the time, but he commandeers he saw the small boat called khakis, which then infiltrate the entire eastern mediterranean. it is an extraordinary story.

this is the time frame of guns at the scene the movie for the germans at the time dominate the mediterranean. the british are operating on a shoestring level with the americans and they occupy several islands like barros, for instance, in the germans counterattack the parachute operation and they take over these islands and is quite interesting. taylor infiltrates inside the islands, delivering critical supplies and also rescue the man. i say probably about 10 years researching the story, 10,000 documents. on the island of cms, taylor deliver supplies and coordinates of the archbishop is a british intelligence agent. there's an incredible story. this book is rich with characters, interesting tourist

that are all unique in one of those people, for instance his sterling hayden, the hayden, detailer anoraks with. if you've ever seen dr. strangelove, for instance, this is general jack ripper. taylor in world war ii is an amazing individual. he changes his name to john hamilton to sort of cloak his identity to some degree, but when it is to reach of, for instance, they are like you look like a football pay player. anyways, meets taylor whose an oddly chilling guy. but taylor and hayden were together with another guy who i've spent -- many of the men in this book were close friends of mine. there's only one living now that i've interviewed.

one of those individuals was a guy by a guy by the name of floyd smith and lloyd smith splits here in mclean, virginia and after the war, lloyd was an accountant. late lunch one of the most extraordinary spy missions with hayden and taylor of world war ii. they wanted to be part of the action. they were to rescue 25 nurse says the crash behind enemy lines in the c. 47 and albania. albini at the time was occupied by the germans. he was also a civil war with multiple insurgencies going on and somehow these guys had to get these nurses out msn can't wait to a letter. i'm sorry, lloyd smith was this

unassuming guy. i'll never forget, he pulled out this 357 that had been set as with hayden is that i want in a poker game before the nation and not as when i was armed with when i went in the headlines. that is what this college wrestler from pennsylvania with hardly any other understanding of the culture of albini at it with a 357 night and can be navigated hundreds of miles and found this nurses and brought them back and hayden and taylor were there to transport them back on a boat that could be made for a movie. it is called the gang keno so we should vote that they repurposed and camouflage and put a 50 powered machine gun on it and they brought the nurses out. with one exception. they left five behind and i'll never forget the story.

boyd told me after the mission was a success he was tapped on the shoulder and said what congratulations for bringing up the nurses. now you're going back. that is exactly what he had to do. they had to redo the entire mission and find those other five nurses. that is what is extraordinary. he was a man of action, too. he had participated the amphibious assaults in world war ii including d-day. smith goes back and they find the nurses and they bring them back. those are some of the missions that were quite extraordinary. as this is going on, the oss's maritime unit is by mashing from

this handful of men that are chosen from the navy, the marine corps, the coast guard, the merchant arraigned and they are formed into teams of underwater combat operatives. these are combat swimmers and they are using the scharnhorst tile and it goes through a series of cases. the oss takes the best swimmers in america and many of them come from california. many of these guys are surfers, believe it or not i'm a national champion swimmers. but they form into several teams. teams are unique. for instance, for decades before seal team six inducts red cell exercises, these guys sinful trait gitmo with all the events completely active. they go through all the nets, they go through the underwater obstacles and minds come at

ettore. they are fully armed and they're not made aware that maritime unit is going to infiltrate if they successfully do it. those are some of the things started developing and these teams have been sent overseas. for instance, they can first submarine race seal type exercise on board a submarine called the bird fish where they do a reconnaissance on a small japanese island that's occupied. several of these maritime unit manner killed in action. these missions kind of go forward. many of them are forgotten stories. i found the missions in burma, sumatra, for instance, where the oss wasn't necessarily a politically correct outfit. they needed agents and operatives, they would find a way to get them. for instance, the native sumatra

were sometimes basically shanghaied into service and they were trained as agents. several of those missions that were put behind the lines and in an unsigned story of the war, many lost their lives and never received. there's these deserter volunteers if you will. the oss needs to find people and for austria and czech taylor is the saddest was being behind the lines in the conduct at time the deepest penetration in the third right. in a missions called the dupont machine. dupont is made up of three deserter volunteers. the oss goes through the camps

of italy to calm out the soldiers that are part of the german armies that had allied leanings. many of them are communists or socialists of these men were recruited to become asian in the oss. dealer forms a theme of three of these individuals and they are put together and they drop on friday the 13th, kind of an ominous day for many ways for the mission because they are dropped out by a polish crew that drops them off for the drop zone in austria and their mission is to gather intelligence on sort of the local german manufacturing, jet manufactured in the area as well as something called the southwest wall, which the germans are building in austria. here, taylor and his team dropping to gather intelligence

and from the start, sort of everything goes wrong. their mission radio is the lifeline. if you don't have a radio behind the lines, you are as good as dead. sadly, the radio they think dropped into a lake. sudanese men were behind the lines of the most dangerous part of the world at the time. somehow they maneuvered and worked their way around in safe houses that the team members at the time of the dupont machine had relatives in the area and they stayed within a safe houses. these deserter volunteers were very sort of in a quick trick group, a mixed bag in many ways. one guy was a philanderer for instance that had this tension for womanizing the german

population. in the end, that is what tips off the gestapo to the dupont team as they moved around for two months behind the lines and gather good intelligence, but they are not able to transmit it back. they surround a barn that the men are staying in and they come in with pistols and job it and asked retailer is and they say he's a captain and then they start to beat him. as this is going on, and italy there's an interesting dynamic also occurring. as we mentioned earlier, this unit, which the italian navy is one of their most successful units. they think to battleships. they connect the number of

operations and sank a large portion of alley and ships. biliary changes sides and the oss is out of the and dynamic thinkers. they say why not take these assets and bring them into the fold? that is exactly what they did with an element of the san marco battalion. of these men, taylor was initially a part of organizing and negotiating this. they conduct special operations missions behind the lines and they conduct these missions by gathering intelligence as well. it is fascinating. they capture high-value targets. they conduct assassinations and one of the greatest coups was italy at the time is made up of both the german fortifications. they capture what are they

actually brought back an italian engineer that had designed the gothic line and they knew every single bunker, machine-gun, mortar position, artillery position, et cetera. the product up with all the plans and this led to one of the breakthroughs the british army had in that sector. they connected countless missions, blowing up trains and railroad tracks, et cetera. all of these things are sort of happening at the same time as taylor is now captured by the gestapo. you know, i mention that jack taylor has survived digging out of a gold mine, but it is here that jack taylor has kind of the ultimate survivor's story. he's put into concentration camp as an american and somehow has to survive.

the camp itself is. there's no food. men have to beat each other, just for a crumb of bread. taylor is assigned to build the crematorium camp. this is where the bodies are dumped and burned and somehow brick a break, he's under the pointed the gun gun. he builds the crematorium and he slowly builds this because he knows any day he is going to be dead as soon as he's done with it. the germans insist that it's done quicker and may speed up the clock and practically every day jack taylor is on that list, which is a list of any inmates in that camp that are going to be executed by the germans. the savagery is unbelievable. they have a quarry, for instance, where there were hundreds of steps and the

inmate's are statistically forced to quarry on their backs, massive stones up and down the steps in the germans for funds effectively throw these individuals off the steps, something they call paratrooper. if the individual survives, they throw them off again. they are viciously assaulted and tortured, dogs, et cetera are forced to stand outside in the cold for 24 hours at a time and somehow jack taylor survives this entire camp. i think the most extraordinary thing in this story is the day jack taylor plans to execute jack taylor the next day and it may, 1945. an armored division, and allied armored division crashes through the fraud gates and they find

this ragged -- i mean, this is the man that was initially 185 pounds, now that they're down to 120 pounds. as they come through the gate, he holds up his dog tags and goes god bless america as they crashed the gates. if you want to see something really extraordinary, google jack taylor plus 12,000 others at grainy old film at this exact incident in taylor's words as says this is unfolding. after that he says i'm jack taylor. i'm a naval officer from hollywood, california. this is my first time in the movies. as night team 45 goes on, the war is coming to a close and the

maritime unit of the oss, and these first seals are not followed along with the rest of the organization. all of the technology, a lot of it is but it shows him the sleeping beauty, his warehouse. think of the indiana jones seen with the large warehouse. most of this equipment is in it in one of those large warehouse is. a few years after that, they resurrect a lot of it and they bring back dr. lamberson and they bring back john booth about one of the individuals on this boat. one of the extraordinary friends that i had, many of these men were close friends of mine. every year traveled from rhode island to key west, florida and he was stopped at my house in virginia and spent two weeks

there. i have ever known as uncle john and that 90 years old with diving key but diving key west, swim out to miles and obtain the lobsters and bring them back and that was his dinner. he would also take a cia pension and save it for cigars and booze at the local dav at age 91. that these men were living life up until the end. and they are renaissance men. i mean, another character i didn't even mention this book was a guy by the name of ted board who is an archaeologist that found the lost temple of the monkey god. this is a true story. in honduras. what could've been a character from indiana jones easily and more disparate taylor and hayden and italy and even conducts his own mission in china. but the story of the maritime

unit is an interesting one and for me it was really an honor to tell some of the stories of my friends and the men that i've found in the lost files of the national archives. so with that, i would like to take your questions. yes, sir. >> i want to thank you very much. thank you very much for your great presentation today. it's so wonderful to hear your recounting of these stories. kris simonton was a personal friend of mine for many years. what led you to have an interest in this discipline more so than anything else? >> for me, the interest in world war ii history began in 04.

i started collecting a series of magazines called the history of the second world war and every week i would cope with my father and that the newsstand would buy a new addition, a hundred and 30 cars or whatever it is the entire history of the war and i was sort of the genesis of it. and then i started interviewing the men themselves. as they mention it's been about five dozen interviews. all of this interviews had been a special operators primarily as well as modern-day special operatives. special forces, special operations forces, everything from marine raiders to the rangers of dog company, for instance, to the first special service force. but for me, the most interesting group i have ever interviewed with the men and women of the oss because they had maintained their vows of silence.

they were very, very difficult group to interview. and it was three years of research. i've written four books on the oss, the first being operative spies and saboteurs. and now first seals. those individuals entrusted me with their story. that is the thing that runs across all of my books is stress and that is not something easily obtained. but the marines i was rested in falluja, for instance, the trusted me with their stories to these oss veterans. >> yes.

[inaudible] >> in alabama? [inaudible] >> i wouldn't necessarily say that. i would just say 10 years ago to this day i was in the battle of falluja and i was a very seminal event in my life. last week we went to camp pendleton, california and i had met men that i have not seen in 10 years is a very powerful experience. we hiked up this long ridgeline. it took six miles there and back and we memorialize the 57 men killed in action in falluja and a battalion that the battalion

that was then unknown there was also many men who had taken their lives since the war. said the memorial service was not just about the dead. it was about the living. if you're interested, there's a great story that npr did yesterday as a matter of fact on that day and was written in this book we are one about the platoon i was then in falluja. [applause] thank you. >> i have. several actually. i've had two of my books made into films. one is they dare return, which

is a true story behind in glorious and it's called the real glorious pastors and it won an emmy award. and then there has been several documentaries from the history channel. for instance, there's a great thing called shoot out dj falluja where they reenacted the ambush i was involved in -- i was almost killed by chechens and they interviewed the man and ran active the entire ambush. one of my favorite books is called give me tomorrow, which is on the korean war and its unchurched company 31, the same unit in falluja. when i came back from camp pendleton, i was greeted by these old senior marines are said to me, who are you? well, combat historian. they were like we were a georgia company one. and then they said we held a key hill and the chosen reservoir

against the entire chinese regimen. i said wow, that is pretty amazing. a small company of 180 men against the chinese regimen, maybe 25 strong, and maybe more. how do they do that? is that, to our reunion. that's how the next book began. it's like stories seem to find me. same sort of serendipitous. like i say, i haven't worked in 15 years. it's been all my passion, fun to be a little tell and record the stories of world war ii veterans and veterans of today. thank you very much. [applause] >> one final, final question. i saw shoot of falluja, terrific document. can you talk about the battle? i've always found that fascinating. tell me what the soldiers and

marines were up against in terms of the of the g holidays who were there and so forth. several guys who were in that. >> this story jim is talking about is in a book called we are one. i've written 10 books. it's probably the most special book, personal book in many ways because i was there. falluja was very much like the pacific war in this sense the positions we had to encounter were on guard. the enemy was determined, in some cases suicidal. they were there to kill americans and what we found on the ground all over the place or the server and just overfilled or actually they were not filled, liquid adrenaline these guys are shooting themselves up with. you can sort of picture a pcp

user, somebody that is fearless and also can't sustain a large amount of damage. we saw insurgents that has sustained 14 gunshot wounds to their body that went right through them and they continue to fight. entire buildings that collapsed on individuals and they continue to fight under the rubble on us. it was apiary -- it was a battle that changed many of our lives. i will say in many ways there are many lessons that can be designed from falluja on the current day in terms not necessarily of the battle itself, but afterwards with the end of our weakening. and in many ways, that is the key to success is moving forward. thank you. [applause]

>> well, you did have some advantages. over some advantages this half began with? 750 square miles, a huge agricultural empire and the union wasn't there. there were no union troops in the south. >> yeah, that is exactly right. that is something a lot of people don't really appreciate because it is so obvious that it escapes attention. that is unlike most rebellious of a revolutionary movements. the confederate states of america began life in complete political and military control of nearly all of the territory

that they claim to control. they did not have to fight to gain control of the territory of their resources of the political institutions. so basically, the confederacy could win the war by surviving. that's a huge advantage because it takes a lot more to invade and conquer them to defendant survive. another advantage for at least another quality that the confederate states had was potentially strong military leadership. not only davis himself but a large number of fairly prominent army officers, graduates of west point made the commitment to join the confederacy. their names once virginia joined the confederacy, their names are very well-known. robert e. lee, joseph e. johnston, stonewall jackson and

a good many others. these were some of the most talented officers in the old united states army and they were making a commitment now to lead the new confederate states army. so davis, even though the north had more than twice the population and several times the industrial resources, commercial resources that are valuable as a nation is going to mobilize the war, the south still have a lot of advantages, which made it possible for dave s. and although he expected difficult and long war also to be confident that the south actually could win the defensive surviving.

the >> new york universities peter blair henry side town to discuss his book "turnaround" in which he argues the u.s. and countries can learn how to become more prosperous by setting the example set in many developing countries today. professor henry was interviewed and c-span's new york city

university studio. this is part of new york universities college series. >> you are watching booktv on c-span2. wear up in our new york city studio and interviewing professors from new york university about some of their books. joining us now is peter blair henry. "turnaround: third world lessons for first world growth" as the name of his book, but it's also the dean of new york university's leonard stern school of business. he was leonard stearns quiets >> leonard stern is a benefactor , an investor in new york city. he started at a pet food company, grew into a large real estate partner and served in the past and is currently a member of the stern board of overseers and is a very generous benefactor of the school in a night t. 98 gave a very large gift to the tune of $25 million

that allowed the business school, which was then divided into school schools, the graduate school of the undergraduate program to be unified in one place on washington square. >> host: professor henry, does the stern school of business have a philosophy? >> we do. we captured one sense, our mission is to develop people who can transfer and the challenges of the 21st century and opportunities to create value for business and society. in other words, use the tools of modern business to do well in the world. >> host: your book "turnaround: third world lessons for first world growth," what is the last in a first world country like the u.s. can learn from the third world? >> guest: there are really three key lessons and in general countries can learn from the history of third world country struggles to become what are now called emerging markets.

the three lessons are what i call disciplined, clarity and trust. let me give you a specific example in the case of the united states. so it is disappointing? discipline does not mean, for instance, fiscal austerity. we had a fight over the last two years about fiscal policy in, which give a sequestration and that really had some negative effects that will lead to growth in our economy. but the reason we ended up in that place in the first place is because the united states failed to learn the lessons that countries like chile todd s., which is bad if you want to run good economic policy on the fiscal side of the house, you need to save when times are good so so you have money to spend when times are bad. in other words, the fiscal policies are no more promulgated. so take chile.

in early 2000, the trillion economy was domain because prices are rising. the treasury was filed with the revenue. by 2006, chile had a record surplus on hand and they took to the streets in march and burned the finance minister and said basically it will give us the money and the surplus. they said no, this is money for a rainy day. the financial crisis in 2008, chile was able to interview the taxes and subsidies to stimulate the economy and keep things moving without running large deficits that got people worried about their long-term financial health. contrast the united states in 2001, in 2001 we had an election, which led to a large

tax-cut package. there've been hit by a series of wars and shocks that led to large deficits ended ended up in a situation where we were faced with limited data set in a sequestration, which was damaging. by the way, not a partisan point i am making. the record surplus in the clinton years disappear in the form of higher spending rather than lower taxes. the point is it means saving for a rainy day and we didn't do that. we didn't learn the lessons the country like chile has to teach us, for example. >> host: there's a discipline matter. what about the other two? >> guest: clarity speared countries to turn themselves around were able to do so. third world countries were able

to turn themselves around because they demonstrate the clear commitment to a change in direction. if you look at europe, for instance, we have the following mixed messages coming up in a leadership. on the one hand you have economies that have been in recession, struggling to recover and the president of the european central bank saying we need to do what is necessary in the monetary side and stimulate the economy, starting with what are called monetary transaction and other acronyms i won't go into on the air here. it is a really expansive monetary policy. on the fiscal side, europe has engaged in the european compact, which says the deficits need to be reduced to a certain threshold below 3% gdp almost

immediately. so the fiscal policy working against monetary policy. the lack of clarity in the direction of the economy is damaging to growth because investors don't know how to think about the future and consumers also don't know what the plan is. so that lack of clarity, and the same problem under sequestration because we had all the expansionary creative monetary policy under ben bernanke, with the fiscal policy. >> discipline, clarity. >> trust is the third point. discipline and clarity produced trust and economies move at the speed of trust. in other words, the modern economy where we have capital markets that can allocate financial resources for people who have access savings to be the last good investment projects that generate economic growth. we are not to know each other

for the transactions take place as long as there is trust. capital markets can be the intermediation. but when there's a lack lack of trust in the lack of clarity, there's a lack of discipline, a lack of focus in the future. the undermine trust in that undermines peoples economic policy. very specifically, if you think about the u.s. economy, we are still in terms of investment, investment is a fraction of gdp is still far below where it was during the peak in 2006. part of the reason why investment -- when i say beisner, wrote b. smith, building factories, investment in computers and key equipment, that is still below where we were during our peak years. part of the reason for that is a lack of clarity and discipline and therefore a lack of trust.

>> host: you talk about all of this, professor henry, the u.s. economy. there is some growth in it. 10%, 12% unemployment in many cases. what can the world learn from the u.s.? >> guest: here is the key point. the united states economy is growing again. as you mentioned, europe is a growing. we have a -- we're in a situation where we are living with expectations about the future. and those were underperforming. this is a lesson that applies the advanced economies and also emerging arcades. the emerging markets during the past three years where we've had really unconventional monetary policy and relatively awkward asset here. and not taking full advantage of

that window of expansionist monetary policy. they implemented their own economies key reforms, but greater investment, infrastructure in some cases, financial sector reforms, places like india, impediments in the labor market. those are forms you undertake when times are good so you can unleash the process. so emerging markets, even though they learn many of these lessons in the 70s, 80s and early 90s, and they themselves need to stick what are called to the long wait of discipline and continue to the policies that allow them to grow. the u.s. is growing again, but we haven't dealt with, for instance, one of the key issues facing the united states is rising income equality. price inequality is fomenting a lot of hard feeling towards

those who are doing well by those who are not doing well. what we know is the key to solving inequality in the united states can put a sustainable long-term prosperity, high wages, we can only solve the problem by creating more high skilled workers for a 21st century economy. we don't see ourselves in a lot of conversation, there are a lot of high achieving low-income students in the united states that don't have access to the four-year university college education. the students high school seniors in the united states who score in the top 10% of all students a standardized test, roughly one fifth of the students come from the lower court shallows of the income distribution. there's a lot of smart poor kids. the data also tells us you have

only an 8% of going to college whereas if you're in the top quartile there's an 85% chance of college. so we lack the discipline breakdown to do with the long-term problem, lack of access to higher education for smart kids in the country to create a 21st century workforce that would draw fire which is prosperity for everybody. it is where we could be. that's the point. it's not as though the emerging markets take over the world are that's not the point of turnaround. we have the humility to learn from their success. either way, if those emerging markets of the world remember how to generate those turnarounds, to stick with the policies, the principles of clarity and trust from labor market policy to how they do with financial market, and they too would be able to be in early

2000. >> host: is income inequality in the u.s. greater than other nations? >> guest: is certainly good in western europe. so it's not just the level of new quality, but the direction. we are moving in the wrong direction. in the last decade, middle-class families have not seen an increase in their take-home income. and again, this creates discontent. one of the really important lessons from turnaround is that if you want to create prosperity, you cannot do it with capital. the most poignant example i can think of comes from a native countries jamaica where i was born. so when an 1870s, jamaica elected a leader named mike o'malley who wanted to address income equality.

they put in policies that were designed with what i call the positive son. in other words, the only way for me to get more pie is to take buy from you. rather than growing the pie can we put in policies to redistribute the pie. he made a famous speech in 1977 where he said there is no room for military jamaica. what leaders say matters very much. entrepreneurs, doc tears, scientists, including my parents who did much of the millionaires. they decide to get their work done, left the country. so by creating an an environment, and here's the key point, creating an environment in which there's uncertainty about the future and profit is a dirty word, in which capital is being bashed from you undermine your ability to help the poor.

my concern is we are at a moment where there's rising income equality in the united states a lot of discussion between occupy wall street to mother-to-be spoke on capital the 21st century. .. >> >> and you can have the

conversation about that. panera people are having discussions about minimum-wage about how they put in place to get access to education, make businesses easy to invest. >> host: what about obama is a transition team serving on that in 2008 and ronald reagan used to say rising tide rises all votes. >> a rising tide does not lift all votes. but it is not equal for all

race. so you need to recognize the lot get the market failures.

but to buy yen to build and that is okay but so yes a rising tide lifts all votes but sometimes it leaves people out. but if you put the right incentives so with the minimum wage increase? >> but personally there is a

lot more and we spoke on that discussion with that conversation. how you create access for lower income students? how do you generate? and with that scarcity because you cannot get away from that supply and demand. >> host: maybe i should have started with this but for meet economics is all about sports?

>> guess what i was the child growing up in jamaica about the ages 67 and would spend a lot of time and my grandma's house sitting on the veranda having a conversation but everyone's around the ribby ed knock on the gate and this little girl had a distended belly because she did not get enough to eat. and she would give her something to eat. but i wondered why white can she not get enough food? and i studied economics. certainly to get people food when they need it but they need to know how to feed

themselves that is how to get out of poverty. and it starts with economic policy. the decisions the government makes today or tomorrow or the next two months will impact that. is certainly jamaica or brazil to ruin their lives. with such a struggle from the '70s are eighties are the '90s. to how put policies in place. by the way it is in the united states as well not just to make that. >> host: talking about jamaica between jamaica and

barbados the differences? >> guest: yes. they are very interesting case of geographic and cultural trend that you could find in the real world. they are both former british colonies. when jamaica and barbados gained independence they had the same form of government, democracy, they both use common law with basic institutions of protection of private property so much of the research that we know of economics to say institution is what drives growth. but jamaica and barbados the same institutions decrease it to them with completely

different outcomes but 30 years post independence barbados is steady as you go to retrieve% per year in jamaica had a terrible collapse. to the point they're so divergent the difference between jamaica and of barbados the average income per capita is greater than the overall level in jamaica but that happened because barbados, the leadership understood clarity and trust. in jamaica they try to micromanage foreign more prosperous future they did not follow policies that allow them to get there. i do have a favorite example.

so in 1991 in barbados the country is on the verge it is a small country relying heavily on the ports they were about to run out of water extinguishers. the imf said you must devalue your currency it should be fixed and you have to change it. that will make your currency worth less see you can import fewer goods and your exports will be cheaper some more people will, that will help you to raise your intake of dollars and help you to solve this problem.

they said no. we don't want to because if we do that makes the wages worth less, they will ask for a wage increase then therefore then people will raise their prices to set off a wage price spiral of inflation that we have an alternative plan. we will go to the workers to ask them to take a wage cut directly. without revealing all the details it barely passed the had the wage cut the workers it took to the streets of bridgetown and in the fall of 1991 there were 30,000 people, one 12th of the country. 30 million marched on washington. the country is about to come

apart at the seams. the prime minister and said we got together we cannot have this we will reconvene the three party talks. the people said we have to except this and he took a lot of heat but they got the policy through. the stock market rebounded. him and his party were voted out of office the next election but now asked the to pay a small price? >> host: paid a small price to save the country that is clarity and purpose. that is the kind of clarity that they need to demonstrate to move the country forward. >> host: if the u.s. would

publicize what would the issue be? what would you like to see? >> guest: i think how we upgrade the skills of our workforce for the 21st century? the manufacturing jobs which are still disappearing in the united states, those jobs are not coming back in their old form. in the old manufacturing day but now it is a computer and programming a computer you have to understand numbers. how do you bring back manufacturing jobs of the 1970's? have you treat them as for the 21st century but you needed 21st century workforce to do that. and a flexible work environment because of technology. but to have that says it citizens to have those

skills to have those processing skills to take advantage of that work force flexibility to be a valuable employee. without education and you don't have that. so i would publicize skills of a skilled. force of the 21st century. the reason why business education is so critical is that it who could effectively deal with income inequality. or to address the problems of the lower court of distribution to be more systematic. we need to educate and get access to higher education

for children and high school students 17 and 18 and 19 year-old. >> host: peter blair henri day of new york university's stern school of business and author of this book, a turnaround. you are watching booktv on c-span2.