and the story, as my introducer, henry olsen, has just told you of collective effort, of government directing the resources of the, of american economy towards a single collective end and achieving in the process an outpouring of american wartime material of the like the world had never seen before. 70% of all of the war equipment used by the allies in world war ii came out of american factories. it's an incredible story. it's the industrial miracle of the 20th century, what occurred there. but what i'm going to tell you is a story that shows that the usual version has this backwards. that where we usually start is where it should finish. and where it should start, actually, is not in factories like wichita's b-29 plant, but back in the spring of 1940. and i want to put you in the place of the man who would, in

i'm henry olsen, i'm vice president of the american enterprise institute andlso director of its nationalof t research initiative which is ate foundation or an organization a within aei -- entity, that's what i was looking for -- entity within aei that supports original domestic policy-related research and big think books of which our current speaker, t arthur herman, the author of the book that is the subject of s today's discussion, "freedom's forge," clearly is one of. .. 2012 election is, in many ways, a debate over the 1932 election. should we continue or extend the legacy of franklin delano roosevelt in establishing the federal government as one of the preeminent directors if not the preeminent director of american economic life, or should we embrace the creative animal spirits of free enterprise capitalism and trust more to ourselves and more to the great men and women who fuel our nation's economy and whose ideas and innovations change our lives? when we look to the future of american public policy. be -- economists and historians have debated whether or not roosevelt's move in his

we have henry alvarez from the housing authority. [applause] olsen lee from the mayor's office of housing. adrian pond from the office of -- i'm drawing a blank here. she's here. she's in the city administrator's office. c. barcelona from the human services agency. muhammad neru from the department of public works. our neuly-appointed city administrator naomi kelly. [applause] maria sue from the department of children youth and their families. [applause] carla johnson from the mayor's office on disability. denny kern from the rebecca and park department. john haley from the san francisco municipal transportation agency. young lee from the san francisco unified school district. greg wagner from the department of public health. [applause] william lee from the department of emergency management. [applause] regina dickey from the office of small business. charean mcspagen. and we have daniel allen, principal of city of parts and technology. thank you again for opening up your auditorium for us. chief joanne hayes white from the fire department. and chief

united head coach ben olsen, plus the heat, could but a core nation tonight? how about georgetown center henry simms trying to impress the wizards. did he do it? we need to look for a new van. yeah. i just don't know where to start. glad you found us. start by test-driving nearly every make and model, all in one place. carmax. start here. >>> welcome back to the show. a week from today the wizards will be making a very important pick because they have the third pick in the n.b.a. draft. now who they'll pick is anybody's guess at this point. trust me, i have been trying to figure it out. one guy the wizards may be looking at in the second round with the 32nd pick overall is this guy, henry simms. he plays college ball right here at the verizon center for the hoyas. the wizards worked him out today. certainly the thought of staying at home hasn't escaped his mind. >> i thought about it a lot. my whole life basically be in d.c. but you know, i would definitely like it. like coming back home. you know, it would definitely be nice. >>> ben olsen out coaching his d.c. united squad this morning. toda