tonight i have the distinct pleasure of introducing author joseph stiglitz. mr. stiglitz is a nobel prize-winning economist and the best-selling author of a number of titles including the great divide, the price of inequality, and globalization and its. [inaudible] he has written for vanity fair, political, the atlantic and harper. he brings us today his new book, the euro, how, how a common currency threatens the future of europe. can the euro be saved? after laying the misguided and explaining how euros policy, especially toward crisis countries have further exposed the flawed design, he outlines three possible ways forward. fundamental reforms in the structure of the eurozone and the policies imposed on the country, a a well-managed end to the single currency euro experiment, or, a bold new system dubbed the flexible euro. he the review calls this work arguments of compelling interest to economists and policymakers. without further ado, please do me in welcoming author joseph stiglitz. [applause] >> it's a real pleasure to be here again. maybe i should begin wi

joe: that was nobel prize-winning economist joseph stiglitz. bloomberg business flash -- a look at the biggest business stories in the news right now. matt: in a rare display of investor dissent, shareholders are protesting james murdoch's return as chairman of the pay-tv company. they are concerned about a previous phone hacking scandal. castthan 20% of the vote today oppose his reelection to the board. apollo global management and ethical energy could close on a deal to buy anglo american's australian coal assets according to people with knowledge of the matter who declined to be identified. the deal may value the assets of more than $1.5 billion. anglo is said to extend its final negotiations after the price of a form of coal used to make steel more than doubled. energy has struck a deal with missouri regulators over its takeover of westar energy. the move brings those companies neared to completing their merger. the agreement would require great plains to keep it capital structure and separate to increase inseek and the retail rate as a res

i want to welcome joseph stiglitz, economics professor at columbia university.so the author of the new book, how a common currency threatens the future of europe. that creating a single monetary union before having the political institutions to support a union like that or even the solidarity in a country bloc is a dangerous experiment, it looks like it might have hailed or -- failed or slowed. is sovereignty the answer? how much sovereignty is the correct amount? really cooperation as much as sovereignty. when you have a single currency, you have to have institutions like, and insurance, which the united states has, carmen resolution so if a bank in the state of washington has a problem, the nation fails it out. unemployment, when california employment goes very high in a recession, the whole nation helps pay so that california doesn't get bogged down into a fiscal crisis. the united states has that, europe doesn't. there are a set of institutions that the united states created to make a single currency work and the 21st century. europe doesn't have those. --th

without further a do, please join me in welcoming our author, joseph stiglitz. [applause] >> it is a pleasure to be here. i should begin with a question, why should an american like me be writing about europe, doesn't america have enough problems of its own that should get our attention? actually think there are number of reasons of why it is important for the united states. as an economist the point is that the euro is a really interesting experiment. we like it interesting experiments even when they are not really great ideas. thank you. what i said is one of the reasons why economists like me are interested in the euro is that it was a really interesting experiment and even if it was a foolish experiment we don't have that many experience in economics and this is one on a grand scale. unfortunately even though it was founded, as i will explain explain with the best of intentions, one cannot base a grand experiment of having as much implications for so many people just on a visionary idea. one has has to pay attention to the laws of economics. you can't just r

. >>> now, please welcome joseph stiglitz along with margaret brennan. >> thanks to all of you. i know this is one of our most exciting marquee events. i'm excited to talk to you with be mr. stiglitz, about your book. the euro how common currency threatens europe. europe is in the headlines a lot right few. not just because after currency crisis. recovery from a debt crisis. but now the migrant crisis. and conflict in syria. growth and nationalist parties. they have a lot of strain. talking about brexit there. but for you, when you look at europe, the biggest problem you see is the monetary union itself. are you predicting its demise or are you trying to save it? >> both. i really am trying to save it. this idea of bringing all of the countries of europe together, which is sometimes called the european project, is a visionary idea. they would have two world wars. they didn't want to repeat that. but they made a big mistake. they put the cart before the horse. they thought that forming a single currency would move them further along the way and they pushed this economic immigrati

eastern, joseph stiglitz on the future of the euro in his book "the euro, how a common currency threatens the future of europe." for theok tv.org complete schedule. weekend,nto the debate hillary clinton is walking into the final stretch of this contest with as much cash at her direct disposal is any white house contender in history. her operatives expect her to use it to blanket the battleground states with organizers and heavy dose of anti-donald trump adds. that is from politico. donald trump took questions in a town hall meeting in new hampshire, perhaps a preview of sunday's town hall style format in the presidential debate. he gave support to those impacted by hurricane matthew. hosts moderated by radio howie cards. [applause] host: are you ready, to see the next president of the united states, donald trump? some good news in the polls. as you know, the boston globe is choking but donald trump is tied again in the granite state of new hampshire. his ahead in the l.a. times polls, things are looking good. there's a big debate coming up on sunday night as you know. we are going to hav

] >>> and now, please welcome nobel prize winning economist and columbia university professor joseph stiglitz here with buz foreicbs news foreign correspondent margaret brennan. [ applause ] >> thanks to all of you. i know this is one of our most exciting marquee events. i'm excited to talk to you, mr. stiglitz, about your book, "the euro, how common currency threatens the future of europe." and honestly europe is in the headlines a lot right now not just because of currency crisis, recovery from a debt crisis but now you have the migrant crisis, an outgrowth of the conflict in syria, the growth of the protectionalist, nationalist parties. they have a lot of strains. not even talking about brexit there. but for you, when you look at europe, the biggest fissure and problem you see is the monetary union itself. are you predicting its demise or trying to save it? >> both. i really am trying to save it. you know, this idea of bringing all the countries to europe together which is sometimes called the european project was a visionary idea. they had two world wars, they didn't want to repeat that b

. >> on sunday, and nobel prize winning economist joseph stiglitz on the euro. for theoktv.org complete weekend schedule. town hall meeting in new hampshire, donald trump offered support for those affected by hurricane matthew, and took questions from supporters. >> some good news in the polls today. the boston globe is joking, but donald trump is tied again in the greatest day of -- great state of new hampshire. [applause] he is ahead in the l.a. times poll, things are looking good. there is a big debate coming up on sunday night, as you know. we will answer some questions. first, donald trump wants to say a few words to you. welcome to new hampshire. [applause] mr. trump: is that mic working? it is like that commission where they give us that bomb -- bum mic. i want to thank everyone, this is great. we won the new hampshire primaries, now i hear we are tied, or winning by two. how are you? i want to thank everybody. these just came back. whenever we won i like to talk about polls. if we are doing badly, i do not talk about polls. when we do badly, i do not kno

vonnie: that was a portion of the interview with nobel prize-winning economist, joseph stiglitz.gets closer to its public offering. this is bloomberg. ♪ david: you are watching bloomberg markets. i'm david gura. vonnie: and i'm vonnie quinn. time for the bloomberg business flash. great plains energy has struck a deal with a staff of regulators over an $8.6 billion takeover of westar energy. the move brings both companies nearer to completing their merger. it would require great plains to ratings separate and farmers from seeking an increase in capital costs or retail rates as a result of the purchase. according to a statement on the london court, lawyers for the libyan fund say arguments that goldman crossed the line and establish relationships with officials during the qaddafi regime. casinos are hoping to hit the jackpot with the gaming crowd. a new york law firm run -- won the right to have skill-based machines. the can start installing machines as soon as monday and are aimed at attracting millennials who grew up playing video games. that is your bloomberg business flash. ski

. >> joseph stiglitz on the future of the euro. .n his book go to book tv.org for the complete weekendchedule. >> joining us at the table, the president of the nea. thank you for being here. one of the reasons we wanted you on was this headline, this story in "the washington post" and elsewhere. the nation's largest labor union plans to link donald trump to a rise in school bullying. don't have to link him, he has linked himself there. there was a study recently by the southern poverty law center, the premier organization and antidiscrimination and anti-bigotry and they took a poll of teachers that corresponds to the anecdotal phone calls we've been getting at the nea where people have said i've never seen anything like this before. be one kids that seem to the uptick of bullying, they are invoking donald trump's name. when donald trump gets elected, he's sending you back to mexico or you are a terrorist and donald trump will keep you out of my country. --tle girls with headscarves it's incredible. ironically, october is national anti-bullying month. every year about this time, will pu

with each other now, not only in long cables, but e-mails, texts, social -- tweets.ks on the, joseph stiglitzure of the euro with his book. go to booktv.org for the complete schedule. >> on american history tv on c-span3, saturday evening just after 7:00, on the history of hate speech and censorship in america. the backlash to the book, "the klansmen." 1906, ailadelphia, in large group of african americans gathered outside the walnut street theater where the clan was supposed to appear. that 2000 estimated african-americans came to whites and another 1000 came to observe the protest. at the start of the play, one african-american man through and a at the stage and one person shouted, "we want to know ferring to the re atlanta race riots. a.m., anday at 10:00 debate between michael to caucus and george h.w. bush. foundation above which this country can move, grow, invest, and build the best america for its people and our kids and grandkids. mr. bush: i wish you enjoy me in a balanced budget amendment for the federal government and a line-item veto. i think that would be extraordinarily helpful

. >> on sunday, nobel prize-winning economist joseph stiglitz on the future of the euro in his book,the euro, howell, currency threatens the future of europe. go to book. go to booktv.org for the complete we can schedule. >> is c-span's campaign 2016 coverage continues with the debate between the candidates for arizona's first congressional district. republican paul and democrat tom discusses second amendment, arizona's coal industry in recent allegations relating to mr. -- hosted by the arizona horizon, this is 30 minutes. >> good evening and welcome to the special election 2016 addition of arizona horizon. >> tonight shows a debate, a debate, will hear from candidates competing to represent the district one in arizona. this is not a formal exercise, it's an open exchange of ideas, and opportunity for give-and-take for one of the states most important offices. interjections and interruptions are allowed provided all sides get a fair shake and we'll do our best. this is the tenth largest congressional district in the country. it stretches from page to just north of tucson and takes i

prizewinner joseph stiglitz on the future of the euro. for theok tv.org complete we can schedule. -- we can schedule. >> the world bank will be holding their annual joint meeting this weekend and washington, d.c. -- christineegard discussheld meetings to international trade and alleviating global pop -- party. this is just over one hour. >> thank you very much. that morning. welcome. is the 2016 annual meetings of the imf and world bank. delighted to see while this morning. we are on the record as usual, i will ask you to be as short as possible with your questions. we have with us today the managing director of the imf, christine lagarde, and the first deputy managing director of the imf, david lipton. we will begin in the usual way, i think you have the policy agenda already. we will begin with opening remarks from the managing director. >> good morning to all of you. before i go into the current economic situation and what might recommendations are, i would like to first of all express our deep concern for the countries that are curren

. >> on sunday, nobel prize-winning economist joseph stiglitz on the future of the euro. >> go to booktv.org for the complete weekend schedule. >> veterans affairs secretary robert mcdonald testified before the senate veterans' affairs committee. about a report released by the commission on care. and recommend ways to improve the health care system. the chair of the commission also testified and explained the report. this is about two-and-a-half powers. -- hours. [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] >> the committee will come to order. i would like to welcome the secretary and dr. shulkin. we are glad to have your today. we're going to change our methodology just a little bit. we have two votes, one at 2:45 p.m. and one following that vote. we are going to run a hearing continuously. the ranking member tidal wave opening statements so secretary mcdonald to make his full statement. you go into as much today as we can. when i have to leave hopefully there will be some here so i can turn it over to. wit