laboratory. >> megan mcardle argues that united states is unique in letting it's citizens and businesses fail and this is what has made the country successful. this hour long program starts now on booktv. >>> thank you, everybody for coming. i am timothy carney. i am a visiting fellow and a senior columnist at the examiner. i am involved in the culture of competition where we talk about competition and subsidies in crony capitalism and the other thing i work on is called the program on human flourishing where we talk about happiness