to think that everything that has gone right is -- alan greenspan probably got too much credit for the get moderation for many years of strong growth that we had in the 2000's, you know, it is easy to blame alan greenspan and the federal reserve before the crisis for what we see now. >> host: so, but the less have admired the book, the lords finance, but these as predecessors in the 20's where we know the story ended. when you look at that book and the interaction between bernanke , mervyn king, and jean-claude, how is it different? >> guest: that is the overarching story that trying to tell here which is that whereas 70-80 years ago the global central bankers were / lot of things. they were divided by nationalistic mistrust. it did not trust each other. there were divided by not having a common understanding of how the economy works and what their role ought to be as central bankers. they were blinded by a devotion that lasted longer than it should have to the gold standard and trying to keep their currencies pegged to gold. all those things enable the -- what started as a pretty rout

alan greenspan got too much credit for the great moderation, the strong growth we had in the 2000.it is easy to blame the federal reserve before the crisis for what we see now is overstating things as well. >> guest: both of us have read and it noshed ahmadinejad book where he know how the story ended. it ended miserably. when you look at the interaction between bernanke, mervyn king and jean-claude touchÉ, how is it different than the 20th? >> guest: that's the overarching story and trying to tell. very 70, eight years ago, they were divided by a lot of things. nationalistic ms. stress. they were divided by not having a common understanding of how the economy works. they were defined by a devotion that lasted longer than trying to keep was started as a decline in the united states and different european banks in 1930. that turned into the great depression that lead to double-digit unemployment and world war ii. does the time a moscow court nation in common result devastating results. that experienced the opposite this time around. these are guys who have a mutual respect for each

there is one more level here which is that when it came time to replace alan greenspan george w. bush was not at his strongest point in his presidency and the iraq war was a mess a mess and his popularity is low. he had a failed supreme court nominations so bernanke in many ways was the choice. if a warrant provost things combined it's likely someone else would have been federal reserve chairman when all this happened. >> host: of course ironically and fortunately he was a scholar of the great depression would seem like a total irrelevant field of scholarship in turned out to come in very handy. >> guest: i'm told it didn't come out in his interviews to be federal reserve chairman with bush or those in the white house or wearing the decision. yankee scholarship and experience with the great depression as a historian, none of that really came up at all which is -- >> host: how do you think is changed over the five or six years? >> guest: he is much more savvy. he wasn't as much the academic. he seems to derive very little from the showmanship of washington whether it's flashy part

to think that everything that has gone right, you know, alan greenspan probably got too much credit for the great moderation for many years of strong growth that we had in the 2000's, you know, it is easy to a blame alan greenspan and the federal reserve before the crisis for what we see now as probably overseeing things. >> the creation of the world's central banks and other managers developed global power on after words tonight on 9:00 eastern, part of book tv this weekend on c-span2. >> year's elections of the latest deadline surrounding the publishing industry this past week. author and former u.s. house of representatives historian robert rimini died on march 28 at the age of 91. he was a recipient of the national book award in 1984 for his three volume biography of andrew jackson. he also wrote the first history of the house of representatives in 2002. he made several appearances on book tv, and you can watch and discuss some of his books online at booktv.org. square books in oxford mississippi has been named the publisher's weekly bookstore of the year for 2013. the bookstore, fo

understood that was consensus thought in two thousand and many of the deregulators including alan greenspan himself and many others were chastened and everybody expected there was just a generalized national consensus that we as a country were going to move back into the direction of having some more commonsense safeguards and oversight and then the remarkable thing is president obama moves into the white house the economy's awful and what's to blame for the ten percent unemployment in the porgie doing its job killing regulations and guess what without a shred of evidence i mean when you hear job killing regulations which some people seem to be saying in their sleep. what jobs are they ever really mentioned there really is very little evidence and that's why we wrote the book that we wrote is to try to dismiss morial as this event and let people realize what a crazy thing is just happened to taylor i think there's a there's a movement on the right and i think you could argue that the tea party continues to make this argument over and over their bias argument hook line and sinker that we nee

it is easy to blame alan greenspan and the federal overstating things as well. >> neil irwin on after words, sunday night at 9 eastern, part of book tv this week in on c- span2. >> she was out there in a way that respectable women did not do, but this is a new era. this is the time when the women's movement is under way, and interestingly enough, someone like julia tyler kind of fits into a certain extent. she is very conservative in some ways, but in terms of breaking through the traditional way that a woman should behave, she is doing it in a way that other women are not at that time. >> our conversation with historians on julia tyler is now available on our website, c- .pan.org/firstladies >> president obama argued for stricter gun laws today. colorado recently moved to require background checks for all gun purchases and put limits on the size of ammunition magazines. this is a half hour. ♪ ♪ ♪ ♪ >> thank you. thank you so much. thank you, everybody. everybody have a seat. thank you. it is wonderful to be back in colorado and in denver. i want to thank chief white for that introduc

to think everything that has gone right -- alan greenspan probably got too much credit for the great moderation, the many years of strong growth we have to blame alan greenspan is probably overstating things as well. irwine on the managers of local banks sunday night at 9:00 eastern part of 'book tv." as we continue our conversation this morning on north korea, thomas c. hubbard is our latest guest. he served as u.s. ambassador to south korea 2001-2004. prior to that he had been u.s. ambassador to the philippines during the clinton administration. he also served in several capacities with south korea and north korea as a negotiator during the clinton administration. ambassador, tell us about your time in south korea. when were you there? from: nearly a decade ago 2001-2004. was the dayrived the attacks on america took place. september 11, 2001. so i spent a lot of my time there with the south koreans worry about international terrorism -- terrorism. a time when north korea was somewhat less of a worry. it was a time that the sunshine when they return to forge ties with the north kore

it is easy to bring alan greenspan as federal reserve reserve referred to christ as. >> stuart eisenstadt come a government official who served under three administration warned of consequences for the u.s. if there ran as a nuclear weapon. he's chairman of the arent task force that released a report today. this is 90 minute. >> good morning. i'm fred tapp, president and ceo of the atlantic council. welcome to this important event. north korea notwithstanding preventing iran from becoming a nuclear weapons state remains most significant immediate foreign-policy challenge of president barack obama second term. knowing the stakes and the perils of this sometime ago, more than two years ago the atlantic council launched an arent task force and we recently asked candidate in an effort to move america and its allies from a stand for something that's been overwhelmingly tacked six to something a little more strategic, taking a look of the broader context of the region, taken a look at iran's domestic politics, taking a look of abstract perspective lost in the heat of the arguments over iran wou

and a half ago, and he as a panel -- alan -- former vice chairman of the federal reserve when alan greenspan was our chairman, now back at princeton teaching economics. i said, -- he mentioned in his testimony the 800-pound gorilla in the room is health care. when it came time for us to ask questions, he said in your statement 800-pound gorilla in the room on deficit reduction is health care. what do you recommend we do? he thought for a moment and he said, i'm not an expert on this stuff. i'm not a health economist but here's what my advice for you, find out what works and do more of that. that's what he said. find out what works and do more of that. i'll never forget him saying that. it applies not to just health care costs, medicare, medicaid, it really applies to pretty much everything we do in the federal we'll find out what works and do more. we'll find out what doesn't work and do less than that. we especially need to do those things. others raised the issue duplication. you and i talked a little bit about that. senator coburn is especially passionate about it. it makes sense to have

it is easy to, to blame alan greenspan and the federal reserve before the crisis for what we see now as overstating things now. >> neil irwin on creation of world central banks and how the managers develop global power. on "after words", part of booktv this weekend on c-span2. >>> the late photo journalist leonard freed documented the 1963 march on washington. hundreds of his photos have been published by his widow, brigitte freed. up next a 40 minute discussion of the book with remarks by john coal with the library of congress. >> without, gooage. wrut colt to -- good afternoon, welcome to the library of congress. i'm the director of the library of congress which is the reading and book promotion arm of the library. we're pleased to could sponsor this program with the library prints and photographs division. the center for the book was created in 1977 to help the library of congress stimulate public interest in books and reading and literacy and libraries and we are a private public partnership with the library of congress paying our five salaries but indeed we have raised private m

to think that everything has gone right is, you know, alan greenspan probably got too much credit forthe great moderation, for many years of strong growth we had in the 2000s. it is easy to, to blame alan greenspan and the federal reserve before the crisis for what we see now as probably overstating things as well. >> neil irwin on the creation of the world's central banks and how their managers develop global power on "after words", sunday night at 9:00 eastern part of booktv this weekend on c-span2. >>> senior advisor to president obama, valerie jarrett, spoke about her role in the white house and limited politics. her remarks are part of the atlantic's women in washington series. this is just under an hour. >> thank you, elizabeth and terry, thank you very much. and all of you for being here. thank you, valerie. i will tell you about a couple things about valerie before we get started. because we want to dive in. full disclosure. valerie and i used to work together. we worked on the first obama presidential campaign and as you heard i worked in the white house. but know i get a cha

to think everything that's gone right is -- you know, alan greenspan probably got too much create for the great moderation for the strong growth in the 2000s, you know, it's easy to -- to blame alan greenspan and federal reserve before the crisis of what we see know is overstating it. >> the creation of the world central banks and global power on "after words" sunday night, nine eastern, part of booktv this week op c-span2. >> where's the predictability? what are the assurances that this committee and the senate has as to where you'll be givenned background and history? >> given the fact i was a socialist in my early 20s seems to indicate fundmental instability. as churchill said, any man who's not a socialist before he's 40 has no heart, and in man who is a socialist after he's 40 has no head. [laughter] i think that evolution is very common in people. >> those two characters that you saw, one was the einstein of the law, and the other the einstein of the senate. two trains passing in the night. spector was one of the toughest, hardest smarts to lobby on anything, let alone supreme c

but to think that everything that has gone wrong is their faults -- alan greenspan probably got too muchredit for the great moderation, the many inrs of strong growth we had the 2000 boss. it is easy to blame alan greenspan and the federal reserve. >> neil orlin on the creation of the world's central banks and other managers developed global power, sunday night at 9 eastern, part of book tv this weekend on c-span2. >> earlier this evening, we discussed political protests professor david meyer. david meyer, as professor of sociology and political science at the university of california irvine. he is the author of the books " the politics of protest." thank you for joining us this evening. >> the right of free speech, assembly, and the right to petition the government, who do we have to thank for that echo >> you could go back and think about liberals like john locke, who thought that the best wasection for the people the capacity to challenge the government. jameshe very clever mattis and figured out that it was better to have your conflicts in the open rather than clandestine, that if yo

i talked with alan greenspan about that. he saw that as something we had to do to get our economy to stay one.rong -- a strong that was the picture. federal policy was in turmoil. congress was trying to pass legislation. the executive branch was looking at what we could do. below the federal policy radar, technology and the free market were working. something called hydraulic fracturing began to be used more and more broadly and quietly this began the transformation. producers began tapping into new resources. all of these places that were seen as having small resources, loomed large on our horizon. today, natural gas prices have fallen dramatically, and we are seeing, instead of the exodus of jobs from america, the renewal of manufacturing here in the united states in large part because of those prices of natural gas. if we do bright future not mess it up. seere even beginning to a decline in the dependence on foreign oil. of course, whether we are going to mess it up or not is today's policy debate. our next speakers have

alan greenspan, i think dr. greenspan has mixed reviews among different folks as to the credibility. he has a considerable number of adherents. but the sake of those who are at the adherents, i would like to relate some of the testimony that he provided in that hearing. he said, "there is little doubt that unauthorized, that is illegal immigration, has made a significant contribution to the growth of our economy." unauthorized immigrants serve as a flexible component of our workforce, often a safety valve when demand is pressing and among the first to be discharge when the economy falters. some evidence to suggest that unskilled illegal immigrants marginally suppressed wage levels. but then he goes on to say, however, the estimated which suppression and fiscal costs are relatively small. economists generally view the overall economic benefits of this work force as significantly outweighing cost. the benefits of this work force significantly outweighing the cost." he is saying that about a workforce that is at tha

think they can influence but to think everything that has gone wrong or has gone right right, alan greenspanprobably got too much credit for the strong growth that we had. it is easy to blame the federal reserve for the crisis >> "becoming a candidate" political ambition and the decision to run for office" the author is american university professor jennifer lawless. professor, why do people run for office? >> lots of reasons but because they thought about it and it has been percolating in their mind for a long time so rarely does somebody decide this seems interesting i know like mine, then i will throw in my had to. it is the evolution of the engage process. >> host: they're concerned about policy? ego? >> guest: it depends who you are talking about. of the biggest findings is the gender difference where men are far more likely to consider running for office they think they are more qualified or more likely to think they would win. so that could be ego strength but it is about policy and the idea that entering the electoral arena is a way to make the world a better place. >> host: why is t

. >> reporter: was doing a story about alan greenspan going into the hospital with a large prostate. over and over and over again. >> hilarious. >> stephanie: dave in pennsylvania you're on "the stephanie miller show." hi dave. >> caller: this boston deal, i'm completely opposite of the other guy. what i see is you have one guy with one gun and they shut down a whole city. you've got 300 million guns out in the country. what would be the cost and the logistics to go out and collect the 300 million guns off of people? it is impossible. >> stephanie: exactly. dave, the other thing is this wasn't just a guy with a gun. they had explosives and still don't know if there's more. that have been unexploded. go ahead. >> caller: that's true. in the '60s, i was part of an attempted gun confiscation over in vietnam. we had b-52 bombers napalm, agent orange, we had access to puff old c-47 with a gatling gun. one burst covered a whole football field in one burst. now, when i left after 16 months of that, they had more guns than when we got there. you know where they got the guns from. off of our

i talked with alan greenspan about that and he saw that as something we had to do to get our economy to stay a strong one. that was the picture that we faced. the federal policy was in a turmoil. congress was trying to pass legislation, the executive branch was looking at what we could do. below the federal policy radar, technology and the free market were working. something called hydraulic fracturing began to be used more and more broadly, quietly this began a transformation. energy producers began tapping to new resources, mars lass, all of these places that were seen as having small resources suddenly loomed large on our horizon. today, natural gas prices have fallen dramatically and we are seeing instead of the exodus of jobs from america, the renewal of manufacturing here in the united states in large part because of those prices of natural gas. we have a bright future if we don't mess it up we are even beginning to see a decline on that dependence on foreign oil. but of course, whether we are going to mess it up or not is today's policy debate. our next speakers have challenge

alan greenspan, i think dr. reviewsn has mixed among different folks as to the credibility. he has a considerable number of adherents. but the sake of those who are at the adherents, i would like to relate some of the testimony that he provided in that hearing. he said, "there is little doubt that unauthorized, that is illegal immigration, has made a significant contribution to the growth of our economy." unauthorized immigrants serve as a flexible component of our workforce, often a safety valve when demand is pressing and among the first to be discharge when the economy falters. some evidence to suggest that unskilled illegal immigrants marginally suppressed wage levels. but then he goes on to say, however, the estimated which suppression and fiscal costs are relatively small. economists generally view the overall economic benefits of this work force as significantly outweighing cost. the benefits of this work force significantly outweighing the cost." a is saying that about workforce that is at that point being the status of illegal. he used the word "unauthorized"" there

about these forecasts for the next few quarters and going into next year, and, you know, when alan greenspanwas chairman of the fed, it was reported he would sit in the bathtub in the morning, okay, looking at obscure indicators nobody look at, and would fix sate on these as a harbor of what was coming down the pipe. we don't need a bathtub. we have two people here, you carry 7% of gdp. you carry 6%. you guys have a pulse on the economy in a way that a lot of people do not, and so from your you sit, what do you see for the outlook of the rest of this year? >> i think we are mod -- moderately optimistic for the u.s.. there are drags on the u.s. economy, clearly, we heard a lot d if they rno reded,challenges, then, certainly, theutlook long term is not good, but the one great thing we have seen about the u.s. economy is it is resilient. it can be innovative. it can adopt. you know, the role of government is to support that. if there's anything i learned, been with ups37 years, a domestic player, and we thought the world reinvolved around the u.s. for years, and expanded in over 200 countries,

relying on the same constitutional provision that president reagan relied on when he appointed alan greenspan as head of the federal reserve. the same constitutional provision he relied upon when appointed ambassador gene kirkpatrick. the speaker pro tempore: the gentleman's time has expired. mr. andrews: i yield to the gentlelady from oregon, ms. bonamici, for two minutes. the speaker pro tempore: the gentlelady is recognized for two minutes. ms. bonamici: thank you, mr. speaker. being a middle-class american today often means being caught in the middle, caught in the middle of the partisan posturing in washington and the situation we're in here today is yet another example. the senate's filibuster of appointees to the national labor relations board let the -- left the president with two office oppingses, make recess appointments or stop enforcement of the law. because the latter was not acceptable, he elected members in a recess appointment, a process that was used by several presidents before him. unfortunately the d.c. circuit court invalidated those appointments and it is currently pendi

and a half ago, and he as a panel -- alan -- former vice chairman of the federal reserve when alan greenspan was our chairman, now back at princeton teaching economics. said, -- he mentioned in his testimony the 800-pound gorilla in the room is health care. when it came time for us to ask questions, he said in your statement 800-pound gorilla in the room on deficit reduction is health care. what do you recommend we do? he thought for a moment and he said, i'm not an expert on this stuff. i'm not a health economist but here's what my advice for you, find out what works and do more of that. that's what he said. find out what works and do more of that. i'll never forget him saying that. it applies not to just health care costs, medicare, medicaid, it really applies to pretty much everything we do in the federal -- we'll find out what works and do more. we'll find out what doesn't work and do less than that. we especially need to do those things. others raised the issue duplication. you and i talked a little bit about that. senator coburn is especially passionate about it. it makes sense to have

to think that everything that has gone right is -- alan greenspan probably got too much credit for the great moderation and years of strong growth we had in the 2,000's. blame alanto greenspan and the federal reserve before the crisis for what we see now. that is probably overstating things. irwin on sunday night at 9:00 eastern. >> where is the predictability in judge borg? what are the assurances this committee has us to where you will be given the background and history? >> as a teenager and in my early 20's, i was a socialist. it hardly seems to me to indicate fundamental instability. as winston churchill said, any man who is not a socialist before he is 40 has no heart. any man who is a socialist after 40 has no head. evolutionat kind of is very common in people. those two characters that you saw, one was the einstein of the law and the other was the einstein of the senate. you have two trains passing in the night. he was one of the toughest senators to lobby on anything. was brilliant. .e was a brilliant judge he taught antitrust law. he wrote the book at yale. these two guys wer

alan greenspan. reviewsnspan has mixed among different folks as to his credibility, but he has a considerable number of at here nts.dhera i would like to relate some of the testimony provided in that hearing. he said "there's little doubt that unauthorized -- that is illegal immigration -- has made a significant contribution to the growth of our economy." open " unauthorized immigrants serve as a flexible component of our workforce, often a safety valve when demand is pressing and among the first to be discharged when the economy falters. some evidence suggests that unskilled illegal immigrants marginally suppress wage levels. wageer, the estimated suppression and fiscal costs are relatively small. theomists generally view overall economic benefits of this work force as significantly outweighing cost. the benefits of this work force significantly outweighing the cost." he is saying that about a workforce that is at that point being the status of illegal. he used the word "unauthorized." there you agr