and the harvard business school said, "your business is building educational centers. that's a brilliant business." and i sort of finally figured out what they were talking about, and in fact, it is a social enterprise. and then you start to get orchids being grown and the jazz label being created-- we have a small real estate division-- and all of a sudden, you become an economic engine for your community. >> hinojosa: now, you are... you're a wild dreamer. >> correct. >> hinojosa: you really are. i mean, i love the story... >> they call it a visionary, but... >> hinojosa: before we go, we just have to tell the story quickly of how, when you were a young man and you finally get into an airplane, and you had your first flight, and you suddenly say, "hmm, i want to become a pilot," and you become a pilot, and you fly 727s for braniff airlines. >> that's right. 1980-1981. >> hinojosa: so for you, this whole notion of hearing over and over again, "you can't do it; you're a young black man from a poor neighborhood in pittsburgh-- don't even dream. >> exactly. life is about

early on and made the vietnam veterans memorial into a harvard business school problem. i owe a lot to the harvard business school, i owe a lot to west point for getting this done. this book is fantastic. it should be the official history of the vietnam veterans memorial. it is also a history of art and art history and washington, d.c. this is not the first time people have disagreed over a structure. i wonder if you could tell us about the fdr memorial. many of us have been to it, but we do not know about the one that was not built. james: you are putting me on the spot about details of the whole thing. for something like the vietnam memorial or the vietnam war, which left -- the number of dead were a lot less than world war i or world war ii. and the memorials for fdr and for george washington -- and we know that general eisenhower continues off with terrific tension between the family and the powers that be here in washington. for this memorial of yours to become a reality is absolutely amazing. even something like the george washington memorial, the design itself was

the harvard business school says it causes restaurant closures for every dollar it went up. in seattle the university of washington, a liberal base school came out and set a minimum wage impact had already taken down low skilled workers and deprive them $125. these people can afford that. this hurts low skilled workers. i started out at baskin-robbins ram glad i had that job. i learned about inventory, showing up on time, working on a team, the things you learn when you have an entry-level job. he gives them something to talk about and draw members in and look like they're helping workers when the really not. i'm not at all posed and i think workers should absolutely have the right to do it. >> does carls or hardys have restaurants in san francisco and how would that affect it this is something that franchisees employ the employees and they have to pay these wages. they adjust prices, but to the extent it makes it harder to hire people so your labor costs go up because you gotta pay these increased wages. the tendency is to reduce the number of your employees or to reduce th

david: you knew you wanted to go to harvard business school, or not? igail: i was definitely thinking about business school, but i would not say i have the confidence to be sure that i could actually make it there and be successful. after i finished in college, i wanted to go into business and get a good is this experience. i had worked at fidelity during the summer, so i came here to new york and i worked in the strategy practice for management consulting firm. that was a great experience. i had been a liberal arts undergrad, so being immersed in business analytic challenges was a terrific experience. david: did your father say, ok, now you have an obligation to come to the family business? abigail: he never said i had an obligation to come into the family business. it is interesting because both of my parents always encouraged me and my siblings to do what we wanted to do. do the things that we were most passionate about with our lives. my father in particular, his family, his father's family, before his father had become a lawyer, they had a dry good

he has his whole staff do harvard business school cases. he teaches them.ven when they were a start-up they did this. >> people need to be challenged and constantly learn. they're going to get bored for other opportunities. >> finally, this is so important, link your were responsibilities to the impact. even if you are the person who is filing, you should know why that's important for the company. >> a lot of people get meaningful work. they think the young person just wants to change the world on the job. that's not true. sit is linking the work they're doing on a daily basis that is manageable to their team, ceo, to customers, partners, and maybe even the world. if they can't see that linkage, they're not as especially gauge said and more likely to quit. >> you want to know that it makes a difference for something. i appreciate all the research you have done. >> thanks. happy to be here. >>> this week's your biz selfie comes from elizabeth davis who owns you're so sweet in pennsylvania. a former accountant who loved cooking, so she created her business wh

[laughter] m.i.t., harvard business school, and four honorary doctorate degrees. he started his career on wall street, where he worked to be ceo of dlj, one of the finest investment banks of its time. he started his own firm, castle harlan, which is known of its own great work in the private equity arena. all the while spending his money and his time to be strustee -- trustee of the new york medical college new york presbyterian hospital, m.i.t. itself, in the very important st. patrick's cathedral, among many others. we are something for his generosity, for everything he's done. there is something on the website of castle harlan that struck me as i was preparing for tonight. castle harlan is known for their patient capital. standingis the longest patient member of the out smith dinner. for 38 years, he has been here every single year, giving his money and his time. if that isn't patients to wait for this great award -- to wait for this great award, i don't know what is. they join me in welcoming mr. john castle. [applause] whoa. thank you. thank you. >> way to go

i am on his graduate of harvard business school and i worked at goldman sachs.you ask me if i would rather be governed by the first 100 people who walked into this conference today or the top 100 partners at goldman sachs, i would take first hundred people every day of the week. [applause] >> because of the common sense, decency, intelligence, great and determination would ensure that our country would be safe and prosperous, and so what the world. let's look at the elite, and why we positioned hillary clinton as the guardian or tribune of the elite. these geniuses said the sky is unfit, trump is unfit to be commander-in-chief. look at what they have foisted on president trump in the first couple of months of his administration. you have the bay of pigs in venezuela, the cuban missile crisis and korea, the annan in afghanistan. that is not his doing. that is what all of these geniuses have been doing the last 20 or 30 years. this is the same crowd that said if we just let china have most favorite nations and let them in the wto, they will be free market capitali

david: normally, if somebody's a baker scholar of harvard business school, they can pick any job theyant. you could have gone to goldman sachs, a great firm. you chose to go work for sandy weill. why did you do that? jamie: sandy, he had a small broker-- brokerage that he sold to american express at the time. and, you know, he-- i found he's kind of down-to-earth. he had offered me to go to shearson, their investment bank, i said no. i had offers from goldman sachs, morgan stanley and lehman. i said, "i've learned a lot more at these other places than at shearson." eventually he called me up-- kind of like me, i was a baker scholar, which was important to him. and i said, "why don't you just come and be my assistant? you'll learn a lot." i don't know what's gonna happen. and so american express, you know, we-- he lasted there about three more years. so-- but you did learn a lot. david: so when he left, he was-- jamie: when he left, i left with him. i was offered a bunch of jobs to stay and stuff like that. he said: "we're gonna find something, build something great." so we took over t

jonathan, the obsession with iq, schooling, when you think about our last couple presidents, we've had harvard law, harvard law review. we've had harvard business school, we've had yale law. you know, not bad. >> are you saying penn is the bottom of the ivy? >> no. it's something the he will always litigate. >> he will litigate it. part of it is he's a constant self promoter. that's sort of who he is. the other piece of this is a little bit of a chip on his shoulder. he always has to prove himself. he's made himself in real estate, television. i don't think he was treated like he belonged in the first place. i think he wants other people to respect his intellect and who is going to talk about that more than he is. i think that's why we hear it so much. my experience has been that many of the smartest people stay out of elected office. >> that's a pretty good point. km berl, our senior producer asked me tonight and i didn't have a good answer. how many 71-year-olds are still talking about college? >> not too many and not too many presidents as you mentioned being an ivy league president is the norm in recent decades more than the exception and y

these people are not morons, i am an honors graduate of the harvard business school and i worked at goldmanif you asked me if i would rather be governed by the first hundred people that walked into this conference i would take the first hundred people every day of the week. the test the common sense, decency, intelligence group and determination would ensure that our country is safe and prosperous and so would the world. let's look at the elites and the reason we position hillary clinton as a guardian is a corrupt and incompetent leader. , theyith these geniuses said this guy is unfit to be commander and chief. hoisted upony have president trump in the first couple of months in his administration. got the bay of pigs in venezuela, the cuban missile crisis in korea, vietnam and afghanistan. that's not his doing. what all these geniuses have been doing for the last 20 or 30 years. this is the same crowd that say we just let china most favorite nation, they get wealthier and will the a liberal democracy and free-market capitalism. that played well. a mercantilist society, they know what they a

that ace cord to go a harvard business school study.ht new there are just over 6 million job opening in the u.s., that is almost a record but some applicant whose do have good experience are being overlooked apparently because many employers are only looking for applicant moves four year degrees. >>> well, there are mega changes coming to mega millions lottery. >> maybe harder to win, if it wasn't hard enough but jackpot will be bigger starting saturday cost goes up from one to two dollars and there will also be a larger starting jackpot from 15 million to 40 million. there will be five fewer white balls to pick but 10 more red balls, overall chances of winning any pry goes from one in 16 to one in 24, odd of winning the jack to the to one and 59 million to one in 303 million. good luck. we will be right back. ah, here we go. 60 second rotini hi, honey! hey mom! are you eating well? umm...yeah i'm actually making something right now. new barilla ready pasta. deliciously al dente in just 60 seconds. simply add your favorite ingredients..

they -- that had a whole bunch of restrictions on enterprise which would make it into the harvard business schoolthey often invade against the -- sunset commodities weren't as much a civil paperwork. and they had profiteering. and in many cases, they wanted to live actually nonmaterial life. away from the profit and away from the desire to gain wealth. i mean i take probably a more materialist kind of view of the board of religion which is that you look at individual religions if you look at theology individual religions, it is really hard to trace there any link from that societies that actually believe in this. everyone believes in -- it is not really true. it is not true and is not true in the practice at the time. indeed if anything there was additional moneylending within christianity them within islam. i think really what matters with religion is now the particular theology says bridges the role of the religion can play in any given society. what i would say was instrumental in turning north america into this driving capitalist in -- if you did not like you can go find religion or colony so

political commentator former republican senator rick santorum and nancy cane, historian at harvard business school and author of a book i am in the middle of, "crisis the power of leadership in turbulent times." it's a long read, taking me a while but it is fascinating. thank you for being here. senator santorum, i want you to respond to some criticism we got of the president making a pretty unprecedented since the nixon era push to get this gag order lifted by the justice department to have this informant, you know, be able to speak. here is how democratic congressman adam schiff ranking democrat on the house intelligence committee, sees it. >> there are reports within the last 24 hours that president weighed in with the justice department and said lift the gag order, let's let this informant speak and push the investigation forward. that's the kind of thing you do in a tin pot regime that is on the road to democracy. >> senator? >> does he want the information or not? look, this is a guy, adam schiff is out talking about how much he needs to have people talking and get information and try to get

i've been to harvard business school and back. [ light laughter ] >> jimmy: okay. here we go.hat are we talking about here? >> the first thing we got first is this is what you call a a sport time football snack dispenser, okay? >> jimmy: uh-huh, yeah, yeah, yeah. >> this is really great. >> jimmy: i don't know if i would need this. >> no, no, this is good if you want to serve your friends m&ms one at a time or look, it's -- [ light laughter ] there you go. there you go. there you go. just three at a time. that's good. this is -- [ laughter ] >> jimmy: okay. why would you ever want to do that? i mean, why not just put this in a bowl or something? >> well, i mean, look, it's -- it's easy to load. [ laughter ] >> jimmy: what do you do -- how do you load it? >> oh, yeah. i actually don't know. [ laughter ] >> jimmy: how did this get in here? >> i don't know. i don't know. oh, you know what? maybe we don't shake it. >> jimmy: okay, all right. don't shake it. >> okay, but see, this is great. you know, this is the kind of thing where you could do it -- what could you put in here? >>

i am on his graduate of harvard business school and i worked at goldman sachs.you ask me if i would rather be governed by the first 100 people who walked into this conference today or the top 100 partners at goldman sachs, i would take first hundred people every day of the week. [applause] >> because of the common sense, decency, intelligence, great and determination would ensure that our country -- would be safe and prosperous, and so what the world. elite, and whyhe we positioned hillary clinton as the guardian or attribute -- or tribune of the elite. these geniuses said the sky is unfit, trump is unfit to be commander-in-chief. on presidentoices trump in the first couple of months of his administration. you have the bay of pigs in venezuela, the cuban missile crisis and korea, the annan in afghanistan. that is not his doing. that is what all of these geniuses have been doing the last 20 or 30 years. this is the same crowd that said if we just let china have most favorite nations and let them in the wto, they will be free market capitalism. that played out wel

it's written by harvard business school historian nancy kane. >> looking at earnest shackleton who travelled and abolitionist, social reformer, and writer frederick douglass. >> kane writes about german pastor. he died in the fight against the nazi dictatorship and scientist rachel carson. the only woman in the group, nancy. looking a the danger of pesticide and credited with advancing the environment tal movement. it was published by scribner, an imprint of simon and schoe ter who is related to cbs. all the leaders are made not born. start with the leaders are made not born. >> made in a way that begins, often, in some kind of adversity. the second piece that is important in the middle of the perfect storm they say i'm going make something good of all these high winds and big waves. but the third component, which is really important, is they find or stumble into a big worthy honorable mission. and the last piece of the making, this is really important for leaders today. they summon up and nurture great stories of emotional discipline. >> they face the crisis and walk through it and embrace

following his career in the air force, elder heals enrolled in harvard business school where he was called to serve as president, one of the most demanding positions in the church because of his verily courseload, elder heals could have easily declined the calling. but he gladly accepted it. his wife mary guided him in making this decision. he said he might fail his classes if he agreed to serve as the president, mary said, quote, bob, i would rather have an active priesthood elder than a man who holds a law degree from harvard. unquote. with mary's support, he would serve as the president in addition to earning his mba. he would later go on to work as a high-level executive at multiple national corporations. from this formative experience, bob and mary learned that god would provide for them as long as they put the gospel first. that's why elder hales did not hesitate to leave his business behind when he was called to serve as an apostle for ther church. mr. president, elder hales provided a model of servant leadership for all of us to follow. it was a -- he was a true disciple of geez ut

author of the book "forged in crisis" nancy kaine joins us now she is also a harvard business schooling me. >> a reminder of how important these times are especially for presidents. i want to go through these and give people a sense of how they use that opportunity. starting with president trump. take us back. >> president lincoln trying to lead the nation during the civil war. you have to embrace and articulate a big worthy purpose and then rally the american citizens to it, right? save the union. end slavery. restore america. really important. abby: fdr. when you think about fdr, you think about using communication in a way that we had never seen before. let's play back a little bit of that. >> my firm belief that the only thing that we have to fear is fear itself. abby: you see the people rallying around that just listening to every word that came out of his mouth. >> absolutely. he understood something that is so important for presidents in crisis, which is you don't just act and respond as an actor and leader and commander-in-chief. you also have to guide people, their emotions,

harvard? nadiem: yes, when i was in business school, we had an independent study project. this idea that i always wanted to do, and so i did it first as a school project. in between the summer, i decided whatever, let's just try building a call center because we did not have money to build a app. we built a call center, recruited a few drivers, and i think that's how it all begin. i recruited the first 20 drivers of go-jek. those 20 recruited the next hundred, 200 and so on. haslinda: it was slow going in the initial years. for a long time it did not take off. nadiem: it was a call center. it took 30 minutes to get a go-jek because we had to call to order and then call the driver one by one to find the nearest driver, so it was a slow growth rate, but it survived those three years without any funding whatsoever. haslinda: is it true you started with six personal phones and basically you took calls from family and friends? nadiem: yeah, basically. we started marketing it on our personal facebook pages and to our friends and family. they started using it, and it spread organ

so a school like harvard is in the business of producing leaders. there has to be diversity. and that is just completely wrong. >> mcfadyen day problem with the asian americans. i don't think it is right for one group that is only five or 6% of the population. so at the same time to be treated like the jews. and the fact if asian-americans were treated differently and the jews then on what basis could you make? is a complicated question but i am not on their admissions committee at harvard. [laughter] >> so did you notice to what the other country is doing education in wyeth's?. >> if you look at what is it your it is education. the education is very insecure they're sending teachers over from the u.k. and the netherlands and not surprisingly and then to bring that back. what i do worry about is there is a lot of resistance to american education they are thinking and talking about it but it looks uncomfortable. >> that translates to a different language in that discussion with the students need to do to persevere to get good feedback. but you cannot say that idea of confirmat

he is [indiscernible] -- stanford business school, got his law degree at harvard. in 2009, he thought there would be a risk of inflation. we went into such a deep crisis. in terms of politics, his father-in-law is robert wilder, one of the heirs to the estee lauder fortune and a longtime friend of donald trump's. probably they got to know each other in college, and the lauder family has donated to the campaign. that is a plus as well. kevin walsh did joined the strategic policy forum in december. he has been in donald trump's camp. let's look at jay powell. this is a surprise, he worked as a wall street investment banker. he was a treasury undersecretary under george bush. he specializes in market, so the capital market could be important to the fed, came to the fed in 2012. gary cohn is still in the running, and apparently trump is interviewing more candidates this week. it is a beauty contest, the pageant, the race is heating up. betty: and for current monetary policy, how will the fed react? kathleen: the key gauge weekend -- weakened again. the pce is at its lo

i mean, to set a floor for certain groups in america, i mean, a school like harvard is in the business of producing leaders for the whole nation and the whole world. there has to be diversity. for anybody to argue that diversity is not important and it's a matter of how well you to in academics is just completely wrong. whether there isn't a kind of problem with the asian-americans or whether -- you know, i don't know what the answer is. i mean, i don't think that it is right really for one group to be, you know, a group that's only 5 or 6% of the population to be 30% of the student body. it just seems very problematic. at the same time, i also feel that the asian-americans should be treated like the jews who are so overrepresented. in other words -- well, no, they are overrepresented. and the do fact that if asian-americans are treatedfa differently than the jews, isn't that just racism, right? on what basis, what argument could you possibly make, you know? it's okay for certain groups to be overrepresented but not others. it's a very complicated question. i'm just glad that i am not

harvard. i would never have thought to do that. that's why i'm advocating for teeners who are maybe disillusioned with the system. you can branch out. you can start a small business home schooling other parents' children, and form your own little co-op. there's no reason -- the other thing that we do is we separate subjects. so math is distinct from history, but it's not because there's a history to math. there's a history to language. that's a history to science. there's math in science. there's science in math. they're enter twinned but we have separated them out and now with common core we're turning math into magic. so if you're -- i'm a math in particulars. i love math and went to school for engineering itch understand mon chore but dub common core, iing are fig it out, but to a young child, it looks like magic. they're remover thing intellect. and if you as a child don't get it, you're stupid. and if you as a parent don't get it, you look stupid to your child. >> host: you mentioned you have another book coming out. >> guest: yes. "teach them love." a school year devotional for families and teachers. and so if you're a teacher in the school, because i want to support teac