michael lind points out in his new book "land of promise" that the government has historically playedital role in the american innovation. lind argues, what is good about the american economy is largely the result ofition and what is bad about it is largely the result of jeffersonian producerrist school. with me, michael lind, thanks for your time tonight. >> thank you. >> eliot: you present in your book two different narratives. the jefferson jeffersonian and the hamiltonen. >> the alexander hamilton, the first treasury secretary, sees government as partner along with business. and in the 20 utah century along with organized labor and research in the forms of higher education. all of these sectors are partners in the common project of national economic development fostered by fluster by sound national banking system, and by support for our manufacturing. the jeffersonian, the first secretary of state and alexander hamilton's arch rival in the presidency of george washington, favors small business, small government, and small banking against its launcher counterparts. today it's cited

by michael lind. it's in the new america foundation. it's all about what he thinks why all this attention has grown. natural gas which used to be viewed as maybe a bridge fuel, a fossil fuel for people who don't like fossil fuel could hold their nose and get through could be the fuel of the century. that has caused some cognitive dissonance among some interest groups ere go the push back. >> you've seen and there's a shift of investment out of the west to the east i assume you mean out of the lands and there is a fear that you have that you're about to lose the potential of getting energy is it because you're running out of energy underground in your area? what would be the reason that there's this sense of investment moving away from your area? >> first of all, there's a tremendous resource of energy in our area. as i mentioned there's 111 trillion cubic feet of natural gas. an immense of oil, oil shale. all these different resources. it's not because a lack of opportunity. there's enough to help us with great energy independence. publ