time line-up, the life and career of appellate judge, and at 9:00 american enterprise institute charles murray discusses his plan to replace the welfare system with the universal basic income. on book tv after words program at 10:00 p.m. eastern the guardians gary young reports on gun deaths in america and we wrap up our saturday prime time line-up at 11:00 with the reair of this book awards. that all happens tonight on c-span2's book tv. [inaudible conversations] >> welcome to the 21st annual texas book festival. thank you for coming out today in support of our authors, the festival and celebrating great literature. as you may know, the texas book festival is a nonprofit organization that works year round by awarding library grants and program sending nationally recognized authors and illustrators into title one schools and donating books to those students by being here today here today you aree import funding, please silence your cell phones, the authors will be signing books after the session including al gonzÁlez, books are available in the tent just down in the next block. my name is clay

p.j., charles murray, kennedy gary johnson , john stossel, and jute -- drew carey a lot more followers than we have if they decided that is irrational and will not have an impact in their broadcasts that message to their twitter followers a lot will depress the libertarian vote even more. what if matt stone or trade parker or what about other celebrities like steven cole baird should they encourage their followers? pretty soon you talk about a significant number in the vote tallies of the primary elections or even in the polls of the likely voters or if you're likely to go to next election if you don't vote and their views will not show up in public opinion surveys that is the influential survey of what they pay the most attention to if they play the cards right. of late great economist once wrote he is a right turn and hollywood and wrote that the whole question is a classic collective action problem the material to all be better off if they all voted with the political policies but the individual libertarian has an incentive not to vote because the light is bent time doing other thin

at 9:00 the american enterprise institute's charles murray discusses his plan to replace the welfare system with universal basic income. at 10:00 pm eastern gary young reports on gun deaths in america and we wrap up our saturday primetime lineup at 11:00 with a rear of this year's national book awards, that all happens on c-span2's booktv. .. >> ho a >> the gun that built an american dynasty. we are having this talk taped by c-span. during question and answer if you can step to the microphone in the middle and speak loud and clear to it, that would be fantastic. laura has worked for the bbc since 1993 reporting for radio and television programs.vi her first book a very british family, chronicles for engine luish roots. tonight we are exciteed for her to share her american roots. are you a weeks ago during a lantern tour i gave a tour around the site. i would not have known was his simple tombstone meant. oliver and his family have also buried in evergreen. it's time for his great, great grandfather to share for about the win chester. [applause] >> amy, thank you so much and thank you

if we have charles murray, nick gillespie, kennedy, johnson, a true carey, john stossel stossel, they have more followers than we have but they decide it will not have an impact allotted them will be libertarians and what if penn gillette had that for those creators of "south park" can mount to say we are libertarians? should they encourage their followers? pretty soon he talk the about a significant number of votes not showing up in the vote tallies in the primary election that is even more important because they screen if you vote for not or likely to vote the next election if you don't go libertarians don't tell them their views will show up in the public opinion surveys the ones that politicians paid the most attention to but they could show up if they played the cards right. glenn is not dead he is a right to air in hollywood and wrote this one week ago it is a collective action problem. said to have a big incentive not to vote and it's not likely to affect the outcome. and then to follow that incentive but everyone else from those that not all the way humans usually do to create

>> american enterprise institute scholar charles murray proposes his plan to replace the current welfare system in a universe basic income. his conversation went jared bernstein, chief economic correspondent to joe biden. [inaudible] the fact we don't have the moderator is an indication that jarod and i generally enjoy talking to each other about issues on which we disagree. i don't even know to the extent to which we disagreed on the topic. it is good that you do because otherwise this would be pretty boring. the topic tonight is the universal basic income, upi. i published a book on this in 2006. i've been interested in the concept since the 1980s and i've republished a revised version of it this year for a couple of reasons. one is that in 2006 i was saying well, we couldn't afford right now but the same budget we have, but we could afford it by 2011. i was actually off by a couple of years up way past the breakeven point in 2009. but now we are well above the breakeven point. another words, and we could implement the plan i presented my book, trans man for life money than we have in

so it affects the board and if they all made it not voting their thing you have charles murray, kennedy, gary johnson, drew carey, libertarians and a lot more clutter followers if they decide i'm voting as a rational and it's not going to have an impact and a lot of their followers are going to suppress the libertarian vote even more and what about if matt stone and trey parker are the creators of south park came out and said we are libertarians or if people like stephen corvair said they were a libertarian and influence their voters not, then you talk about a number o the nf votes not shoving it in general elections and devote tallies that are even more important or even in the polls of the likely voters because they are screen screened. and that will skew the politicians and their views won't show up as likely voters for the influential surveys. but they could show a. of the great economist once wrote then there is a classic collective action problem. it would be better off if they all voted because we would be able to pull the political parties and policy outcomes and each individual

if you want to think about charles murray's argument, this is been the coming apart election.gainst the elites. donald trump has to prove he is not one of them. francine: thank you very much. neil ferguson and willem bruder. joining me live in london, we speak with deutsche bank chief economy is. we will talk about mario draghi and donald trump. that is at 6:00 a.m. in new york and 11:00 in london. this is bloomberg. ♪ francine: bloomberg surveillance new york. let's get straight to the bloomberg is this flash. or: that could pose problems for the cartel whose members are due to finalize how much each will cut production later this month. saudi arabia's oil output stayed near record lows. another record-breaking single day for alibaba. they said by midafternoon beijing time, they had already beat last year's sales mark of over $13 billion. that is your business flash. tom: thank you. on this important credit we will do a little bit on markets here. here is the chart of the moment. there are about 10 of them we could put up. this is what is called an elegant chart. cases, 1, 2,

because it will be all of us and that's hugely -- there's tons of human turmoil, we can talk about charles murray and putnam and the j.d. vance's new book on the shrinking of the institutions, but we're not talking about the underpinning of that, and the nature of work from stable life long jobs to unstable occasional part-time flex jobs where everybody is going to have to become a life long learner. so we haven't talked much about trade, but when people feel about anxiety right now, they're trying to project the things they're worried about on trade. trade is a big deal. where i'm from, there's a pretty broad consensus that trade is a big deal. if we had more trade with asia, nebraska which is the -- you know, we're known for our corn and football, but we're the largest cattle state in the union. in nebraska, if there's more trade with asia, you'll end one a cheaper silverado and we'll end up with more beef markets for export. so trade is a win-win for nebraskans. trade is a win for all consumers nationally. trade is a net win for producers nationally but they're geographic and sub sector folks

charles murray. kennedy. we have it gary johnson there.t more twitter followers than any of the rest of us have. if they decide it's irrational and a second have an impact in the broadcast the message to their twitter followers a lot of them can be libertarians who will depress the vote even more. what if they did the same thing. he head about 2 million followers. they came out and said we are libertarians. should they encourage their followers not to vote. pretty soon you're talking about a significant number of votes not showing up in the vote tallies not showing up in primary elections. even in the polls of likely voters. they screen for whether you voted or not. it will skew how politicians and if you don't vote. their views won't show up in as a public opinion surveys. it will be most influential surveys. but they could show up at the libertarians play the card right. glenn whitman once wrote. he is a writer in hollywood now. here is this just a week ago. the whole question is just a classic collective action problem. they would all b

what if all libertarians made not voting their thing, what -- pj, charles murray, matt, kennedy, we've got gary johnson there, john s, the drew carry. if they decided, voting is irrational and not going to have an impact and they broadcast that message to their twitter followers a lot of them are going to be libertarians, we are going to depress the libertarian vote even more and what about -- what if ken did the same thing, what if matt who a lot of people, the creators of south park who people suspect are libertarians, we are libertarians or steven colbert, should they encouraging followers not to vote, pretty soon you're talking about significant number of votes not showing up in general elections, not showing up in primary election which is are more important or even in the polls of likely voters because pollsters screen for whether you voted or not or likely to vote in the next election and that's going skew how politicians and if you don't vote, libertarians don't vote, then their views won't show up in public opinion surveys of likely voters which are most influential surveys th

i read a book that had a profound impact on me a number of years ago by charles murray called "comingy of white america." and then i'll give a plug for my old roommate larry lindsay wrote a book "the conspiracies of the ruling class" two years ago. and it's just -- i would just implore all the protesters to read these books. because unfortunately, i'm one of the liberal elites. my wife and i have supported gay men's health crisis, i'm on the environmental defense board, blah blah blah. but we've been gaining share in terms of wealth and in terms of these social issues to middle america for years. and i think that's what this is about. and to the extent that this can re-address some of that imbalance, maybe we're looking at the peak of divisiveness, not at an accelerating trend. >> and if you're going to -- you know, if you want to try to find -- for these people try to find some silver lining that they're looking for with trump, the way the ruling class has sort of been ensconced, this could be the beginning of the end of that system, stan. and i've seen people saying, you know, bruce

the language of some conservatives -- this is something that charles murray, conservative has writtenbout. there is little or's -- various liberals have written about. nobody saw it coming in this the preciseing factor that has become. have jd vance on c-span, as you should. use from my hometown, middletown, ohio. case of assic midwestern steel town paper mill town that brought my family up from alabama. it builds america in post-world war ii. i was able to build enough money to pay my tuition at ohio university. in a robustgrowing fashion in the 1960's. it's not now. jd came along at the same high school at a time when middletown is dying. the mills are closed. it didn't surprise me in the end that ohio went for trump. we saw polls waiting for trump in ohio, and i said has my buckeye state gone crazy? but the closer i looked, i saw my college town, athens, where poverty was always a problem. when the economy expanded, we started getting jobs over there. they have been out of luck in more recent years. that's a problem for so much of industrial america, which was in creating pivotal a

in the senate they have elected charles schumer to be the senate minority leader and behind him you are going to have people like patty murray of washington state, dick durbin, but elizabeth warren and bernie sanders coming into the top of the democratic fold in the senate. >> the democrats -- the gop opened up a can of whoop-ass on the democrats over four of the last five election cycles. when a team is losing, you change the coach. you don't sell the team. you change the coach. the coach isn't leading. leadership in the democrats -- look, they were hoping -- they needed 30. they were hoping to get 12. they got six. they lost. they continue to lose the senate. this one, republican governors are 62% of the governors in america. the republican party has taken over the country. the ideology of conservatism has spread. it's time to change. the best thing that tim ryan said is out with them. it's out with -- >> yeah. he said -- he got a message that is important right that they should listen to if they fall back on -- there's one reason why they would keep pelosi. she has leverage over them because she's the money -- >> that's w

charles: well, that then candidate president-elect trump. on the campaign trail in may, promising to save cold industry, many are -- coal industry many are wondering if it is too little too late, joining me, murrayoal chairman and ceo robert murray, your epre oppression is the -- expression is best i have seen in years, can your industry be saved? >> it is not too little too late. mr. trump is on the track to do thins that needed to be done on bring coal industry back, first he must eliminate 82,000 pages of illegal regulations passed by mr. obama by executive fiat without the approval of congress. second he must end the 21 paris cord and elim eliminate subsidies for windmills and solar panels, get back to a level playing field for all forms of energy. if he does, that coal will come back. the windmills and solar panel are 26 cents, this was not only a victory for working men and women of america but for colo--- low-cost reliable energy in america. charles: i don't think a lot of people understand the depth in despair and misery in coal community brought on by president obama. >> he eliminated 63,000 direct coal mining jobs, studies show by university up to 11 jobs are created for each one of th

charles schumer of new york, the democratic leader in elect and conference chair, the leadership team also includes the following members. we will show those. senate democratic leaders dick durbin is a minority whip, senator patty murray of washington is the assistant democratic leader. more democratic leadership post for elizabeth warren. she will be one of the conference vice chair salon with senator mark warner of virginia. wisconsin senator tammy baldwin will be the democratic conference secretary. and the policy and communications committee, the chip will be debbie stabenow of michigan, and joe manchin of of west virginia the vice chair. amy klobuchar of minnesota will take the steering committee leadership post. and a postwar senator bernie sanders who ran against hillary clinton for the democratic nomination for president. he will be the democratic outreach chair. senator bernie sanders of vermont. speaking out bernie sanders, a hill just out with this story that senator sanders will deliver a major speech on trump. that's the headline in the hilbert the article says senator bernie sanders will deliver a major speech on wednesday night about the direction of the country under president-elect of donald trump, as

at 9:00 the american enterprise institute's charles murray discusses his plan to replace the welfare system with universal basic income. at 10:00 pm eastern gary young reports on gun deaths in america and we wrap up our saturday primetime lineup at 11:00 with a rear of this year's national book awards, that all happens on c-span2's booktv. ..