and in princeton we cross the harold james. he's a professor of history and international affairs at princeton university. his latest book is the war of ideas, a glossary of globalization, right? tillman cross talk rules and effect. that means you can jump in anytime you want. and i always appreciate it. go to you 1st in frankfurt, you're in germany here, before we talk about the, the election and what comes next. what is the legacy of anglo merkel? i mean, she is a towering figure in european politics has been for a very long time. she weathered quite a few crisis. these people have praised her, of others have criticized her. but no matter what she made a huge mark in german politics in europe. european politics in general. what is her legacy? on the one hand, there are great achievements. she is a monster and managing crisis, being why it's managing one step at a time and financial crisis. the greek crisis, the migration crisis breaks condemning. so everyone trusted as the successful crisis manager at the same time if you're

many, thanks to my guest at london, frankfort and in princeton. and thanks to our viewers for watching us here at r t c. next time. and remember, crossed up the the oh i me ah ah, i will. i will. i my only work is a little boy the little girl made up because i don't want the cause the choice of me. sure. it's under which way you're committed to the national mac or pc. you can listen. can you not lead to the live in a try now where we with so many inputs on a daily basis that are completely related to reality. so think about how and social media filters and they basically were present themselves in very unrealistic way. and so we come at a fomo, there is and be involved more than that. it's about the sort of envious or something. it may not exist. and it is also really tied to the fact that as humans, we want to be part of the crowd. ah, this is them guys doing business? sure you can't afford to miss. i'm rachel beloved. but i'm bridge born in washington coming up.

go ahead and princeton is peter. it's great to be with you and i think you're right on that this was not a political election. there wasn't a big clash of ideas in germany, so it's very unlike france with the macro depend race or artist johnson against jeremy corbin are in the united states. they trump biden story and a, one of the things i think it's important to realize is 1st the major people who presented themselves as possible candidates for being chance. they're all presented themselves as the continuation of mac or as so the c d u candidate was obviously the anointed air in the past. and that shows in the speedy. it was also really very much emphasizing the continuity and he looks like a figure who emphasizes the continuity with mrs. macro, also with how much mit getting back into the seventy's and eighty's and somebody who's tremendous new respected exactly the same way as miss america was. as a centrist figure, a crisis manager, and i think the complaint about not having a strategy is not quite right. i mean

students they're never intending to take so harvard, princeton, gayle and you harvard, princeton or yale up apply that's one more rejection it makes it more exclusive. it's an extremely unethical act it's wasting people's time, wasting their money, leading them on increase the prestige of the university and the ranking systems. >> what was your college experience would you do it differently today? >> i went to a small liberal arts college for undergraduate. graduate school phd and a large public university taught at both types of institutions. i see some similarities some differences i offer the same advice into the high school students when i talk to them today, think about it strategically. pick a major base out what you think will be suited and trying to discover yourself are trying to find a new path, hobby or consumption in life. in other words, think a way to get to college efficiently. one thing i would have done is continuing in the community college credit not the general education requirements out of the way. what we will find is these are the major contributor to the cost of c

professors to leave princeton, ivy league school to go to vanderbilt. it was 1998 when they approached me and at the time vanderbilt was not the world-class university it is today and when i told people i was going to vanderbilt, they said you are going where? vanderbilt, where is that? and i made the transition. i accepted the contract. i physically moved to nashville and i have put vanderbilt on the map, and now people ask vanderbilt, where is that? >> i will not miss when you retire from vanderbilt and what american universities have allowed themselves to become. >> yes, i did. >> what does that mean? >> well, it had to do -- i took early retirement. as a university professor with a full professor, i could have taught until 80's or 90's as long as i could make it across campus to my classroom i would be allowed to teach but i left because what i saw happening at the universities i thought it was very destructive with the political correctness, the demand for safe spaces and the trigger warning and insanity that i felt was taking place. i felt it was

professors to leave princeton, ivy league school to go to vanderbilt. it was 1998 when they approached me and at the time vanderbilt was not the world-class university it is today and when i told people i was going to vanderbilt, they said you are going where? vanderbilt, where is that? and i made the transition. i accepted the contract. i physically moved to nashville and i have put vanderbilt on the map, and now people ask vanderbilt, where is that? >> i will not miss when you retire from vanderbilt and what american universities have allowed themselves to become. >> yes, i did. >> what does that mean? >> well, it had to do -- i took early retirement. as a university professor with a full professor, i could have taught until 80's or 90's as long as i could make it across campus to my classroom i would be allowed to teach but i left because what i saw happening at the universities i thought it was very destructive with the political correctness, the demand for safe spaces and the trigger warning and insanity that i felt was taking place. i felt it was

at that time i was an associate professor at princeton. also say it was very rare to leave and iv league school to go to vanderbilt for thousand 1998 and at that time vanderbilt was not the world-class that it is today. mike told him was going to vanderbilt they said you're going where? accepted the contract i physically moved to nashville to put vanderbilt on the map are now people don't ask vanderbilt? or is that out word. >> and the tennessean wrote in 2017 in will not miss when you retire from vanderbilt i will not miss what american universities have allowed themselves to become. >> yes, i did,. >> host: what did that mean? >> guest: i took early retirement. the university professor, i could've taught until is in my 80s or 90s as long so i can make it across campus in myea classroom. i would be allowed to teach. i left because what i saw happening at the university of thought was very t destructive the trigger warning, the insanity i felt was taking place like the inmates are running the prison the adults administrated students demand

atif mian, over at princeton university, a much talked about paper released this year.e will be back in just a second. . don't go anywhere. you are watching bloomberg. ♪ you are watching bloomberg. ♪ taylor: romaine, the debate continues. in march, the fed predicted core pce would be 2.2%. 3% in june they raised it to. today, they raised it to 3.7%. romaine: but they keep saying that these price pressures are not necessarily going to persist. he made it clear that the overshoot households are not feeling it. i'm not sure we are hearing the same thing. taylor: know. gina says you hear that, but we have heard it for so long. caroline: $1000 bonuses. nike, we are going to see how much pricing pressure is on the company. fedex yesterday. taylor: huge. one of these days i will get romaine to admit he is on my team secretly. bloomberg technology is next. this is bloomberg. ♪ >> from the heart of where innovation, money, and power collide. in silicon valley and beyond, this is "bloomberg technology." with emily chang. -- this as the

that still pays property taxes rent one plaintiff in the princeton case described the university as ahedge fund that conducts classes. >> that was chilling. i remember that in the book that you read i think of other institutions that also occur, portraying the book somewhat more tangentially than others with things like johns hopkins where there is a significant investment in sort of biotech startups that can take cover under the not-for-profit anstatus and not pay taxes and at the same time they placed the types of residents or small businesses that are not part of the university anchor system . on our campus we have the michigan union, we had the local food vendors for a while and the university asked for significant investment of $25,000 in the facility that they had inventing for years but they weren't able to pay that so they were based in favor of starbucks for wendy's or things like that. and stop reading through to the point where our main temperature now has there used to be independent stores , like walgreens and cvs and target, those rents keep creeping up. and our faculty

. >> this idea of the public good most clear around princeton university as is critical moment makesus recognize the high ranging influence over the cities we have to take this in purely educational terms so universe cities are all around us but yet we failed to examine the consequences of embracing the increasing for profit approach for urban surroundings the blind spot comes from the assumption that higher education is an inherent public good most clearly marked by a status for providing services that otherwise come from the government but here a paradox had emerged that status precisely allows for an easier transfer of public dollars for higher education private development with little scrutiny city colleges and universities on the increasingly prominent real estate footprint even public universities use the public goods status to shelter their own interest in for profit research or the financial security of private developers and investors to sit on campus land. schools reap the benefits snow and trash removal, road maintenance and other physical services while shouldering little

. >> reporter: elected in 1912 as the 20th president, wilson headed up princeton university, guided thed war i, and won the nobel peace prize for creating the league of nations, but he was also an ardent white supremacist, justifying the ku klux klan, and writing about the intellectual inferiority of people of color, saying black people were denied the vote, not because their skin was dark, but because, quote, their minds are dark. that doesn't resonate well at one of the most racially diverse schools in the bay areaa e's name on thsc you things like this. >> that might've been the way then but it is absolutely not now. i'm in agreement with the name even thought that was a good idea. her back his name is already been removed at a school in richmond, placed by michelle obama might even princeton university has renamed several buildings on campus. during the pandemic shutdown, teachers and san leandro conducted a student project to study the renaming process. >> we felt that that name just did not fit who we wanted to be as a community. >> reporter: after an extensive community engagemen

and in princeton we cross the harold james. he's a professor of history and international affairs at princeton university. his latest book is the war of ideas, a glossary of globalization, right? tillman cross talk rules and effect. that means you can jump in anytime you want. and i always appreciate it. go to you 1st in frankfurt, you're in germany here, before we talk about the, the election and what comes next. what is the legacy of anglo merkel? i mean, she is a towering figure in european politics has been for a very long time. she weathered quite a few crisis. these people have praised her of others have criticized her. but.

trenton -- or the trenton princeton campaign that washington conducted against him. so he decides to use the mobility of the royal navy and his brother of course commanding the royal navy, and he loads his troops on ships, and his plan is -- let me go back a second. his plan then is to load on ships and take his army and ultimately go up the chesapeake bay, land south of philadelphia and then march on philadelphia. that's howe's plan. again, fairly straightforward, but obviously those are two very very different plans, and it's up to germain to coordinate these plans. there's germain in the center. then he's got howe off to the left there and burgoyne to the right. the problem of course is there's a tyranny of distance. there's 3,000 miles between london and new york, and you've got the commander-in-chief that's sitting in new york, 3,000 miles away. burgoyne and germain and the king are sitting there in london. so when you've got messages that can take two to three months to go back and forth across the atlantic, it makes it very very to coordinate a campaign, espec

so you would go into princeton and they would have the princeton mascot, the colors all on the wall. kind of like a college preparatory school combined with this strict discipline. there was no lockers and even their gymnasium was very structured. so i thought it was interesting. cement on of the first experiences that you come upon that you have to process is that students had to earn their seed. what was going on there? cement is the first time that i realized how it was. as i mentioned the extended school year, they bring in students kind of may to august, two weeks earlier than others roles, kind of learning to be in that school, learning the behavioral code. the teachers gathered together in a classroom to decide who is going to earn their privilege. and so they asked the teachers and they went around the room and i said you know, this or that come out when lunch is over, you know, she chose another individual. and i listen to that and i thought oh, wow, this is very specific, even during orientation and i found the school, they actually recorded over 15,000 infractions for thes

the plan to go to philadelphia, a decisive battle, i think by then by early 1777 especially after princeton, i think he realized washington in washington's army was the american center gravity. if he could destroy the army, that would and rebellion. he's not able to get his victory. he can't get that final decisive victory. after that, the workers into that different phase were ultimately is going down to the south and then you really have an insurgency like conflict and i think by then, only the americans could have beat themselves at that time. that is my personal assessment. when you look at how the saratoga campaign played out among one of the options actually does present, which he presents in a throwaway afterthought manner as well, one thing we could do would be to use the navy, load up troops in canada, bring them back to new york and now we have this immense army and that army would, could have been enough to track down and destroy washington in the philadelphia campaign. that doesn't obviously happen but i think that was there last opportunity so does go back to what he was talkin

his lines of communication and w of course it was late 76 early 77 he was burned to the trenton princetonn and then to use the mobility of the royal navy so his plan is to load on ships to take the army by speed and to go up the chesapeake bay and the marks on philadelphia. >>or those are two very very different plans and it is up to jermaine there is jermaine —- center and then howell off to the left and then off to the right. so the problem of course there is 3000 miles between london and new york and you have the commander-in-chief in new york sitting 3000 miles away and they are sitting there in london so when you have messages that can take two or three months to go the-and-forth across atlantic it makes it very difficult to coordinate a campaign. especially with decision-makers in london and new york city. so that's what really leads to the major problem. . . . . basically what happened is the approved, once he finishes it will turn around and move his army up the hudson river to support burgoyne. number one, it's uncoordinated and confusing and the other thing is, it shows, i think

go to philadelphia, who are washington and i think by that time, by early 1777 especially after princetonthink he realized washington and washington's army was the american center, he could destroy washington and washington's army, that would end the rebellion. he obviously wasn't able to accomplish that, he's not able to get victory. he's beat washington a couple of times but he can't get that final decisive victory. after that, the workers into that different phase were ultimately goes down to the south and you have much more of a counterinsurgency conflict. i think by then, the americans sort of beat themselves. that's my personal assessment of that. when you y look at how the campaign played out, one of the options for going does present which he presents in an afterthought manner one thing we could do would be to use the navy, load up the troops in canada, salemng background new york and now it's this army and that army would have been big enough to track down and destroy washington in that campaign. that doesn't happen obviously but i think that was their best opportunity so it does

he is a senior research scholar on the council of humanity and in the james madison program at princeton university. he is one of our renowned visiting scholars here at the heritage foundation. as an acclaimed scholar of american history, his writing has been recognized as among the most important contributions to scholarly and public understanding of the 19th century -- of 19th century america. his book "abraham lincoln: redeemer president" received the 2000 lincoln prize. you can look more at his bio and see all of the incredible . . . . . . . . . . . . . . . dr. elizabeth spalding is a senior fellow at pepperdine's school of public policy. last but not least, my dear colleague dakota wood from the davis institute for national security and or and here at the heritage foundation. before you get to meet our incredible panelists, i want to turn it over. we want to make sure you remember to engage in the conversation by putting your questions in the question box. welcome. dr. guelzo: thank you. being a history person, i'm going to start by sketching some background for how we got particula

lauren right lecturer in politics at princeton university. thanks for doing it. thanks, alex.job numbers were well below expectations. i'm lauren blanchard in washington what economists say could be slowing growth and what the white house wants to do about it coming up and an event meant to inspire future scientists and engineers. we'll talk live with the young man putting together a stone fair for young students interested in science. emergency planning for kids. we can't predict when an emergency will happen. so that's why it's important to make a plan with your parents. here are a few tips to stay safe. know how to get in touch with your family. write down phone numbers for your parents, siblings and neighbors. pick a place to meet your family if you are not together and can't go home. remind your parents to pack an emergency supply kit. making a plan might feel like homework, but it will help you and your family stay safe during an emergency. attention, california. new federal funding of $3 billion is available to help more people pay for health insurance — no matter what

this idea of the public good becomes most clear around princeton university.the introduction on page 12. as the critical moment forces us to reckon with influence over cities, we cannot keep discussing how the university is truly educational in terms the universe cities are all around us that we failed to examine the consequences of schools embracing an increasingly for-profit approach to their urban surroundings. our blind spot largely comes from the assumption that higher education is an inherent public good most clearly marked by the status to provide services that would otherwise come from the government it appears a critical paradox has emerged. this is precisely what allows for an easier transfer of public dollars for private developments. city colleges and universities pay no taxes on their increasingly prominent real estate footprints. even public universities use their public goods status and for-profit research with the financial security of private developers and investors sitting on campus land. school reaps the benefits of police and trash removal

i went to college at princeton university where i studied history and the oxford university where i studied velocity, politics, and economics. i am 25 years old. [background noises] >> i started playing basketball when i was nine years old, practicing say three or four hours a day, five days a week. in high school i played and all through college. but when i finished the last game of my courage it clear i thought i had finished basketball. i'd turn down a professional contract because i had been fortunate enough to get a rodent scholarship to go to school at oxford in england. and that is what i wanted to do. i looked at it, is a chance to experience a wide variety of things. and m basketball i did not feel was that important. so i went to oxford, i studied, traveled in for about a year end a half i played very little basketball. but in the spring of my second year, when i went down to the gym to shoot some baskets. i was all alone and i shot, the sensation and feeling came back to me. i was dribbling and i was shooting, the whole kind of syndrome of basketball came back to me and appealed

the taxing rate compels princeton to pay more than $18 million to settle a 2016 lawsuit revenues of thehistorically black new jersey neighborhood jackson. residents argue while property taxes increased university still received tax exemption for buildings where research generated millions ofsi dollars commercial royalties. unqualified higher education public good lucrative shelter economy taxing a status helping generate significant private profit for schools without public benefit. investment income earned is tax-free and higher education has a competitive edge for property management cap still pays property taxes. when plaintiff in a princeton case describe the university as they had from conducting prices. >> i think in that book you read about other institutions that also record in the book, johns hopkins, a significant investment biotech startups to take cover under the not-for-profit status and not pay taxes and at the same time, the types of small businesses not part of the university system. here on our campus we had the michigan plant, local food vendors in the year vote univer

such unfair taxing rates compel princeton to pay more than $18 million to settle a 2016 lawsuit withresidents of the historically black new jersey neighborhood of school in jackson. residents argue that while local property taxes increase, the universities tax exemption for a building where had generated elegance of dollars in royalties the unqualified belief in higher education a public good, the lucrative shelter economy where tax-exempt status helped generate significant private profits for schools without public discussion and with little public benefit. they are tax-deductible. the investment income earned by endowments and tax-free and higher education institutions have a competitive edge over similar industries whether biotech or property management. that still pays property taxes. one plaintiff in the princeton case described a university as "a hedge fund that conducts --". >> i remember it. i took that in the list that you read. things like john hopkins, a significant investment in biotech startup second take cover for the non-profit status. at the same time, it displays the

or two that we could produce a paper from a satellite office in south brunswick, new jersey, near princetonnd that's what we set out to do it was a piece of good luck amid a lot of bad luck and combined with a great culture of "the wall street journal. that's what enabled us to put out the paper. >> did your writers and reporters then report to south brunswick or were they filing from the city into a facility there where editors could work and transmit the copy to the printing establishments? >> some of them got to south brun brunswick, but most of them did not. the people were principally editors and production people and the reporters were reporting from all over the place, all over the country as well as all over the tri-state area. one of the things that i did on my way out of the building was to call allen murray, then the bureau chief in washington, and tell him to be ready to do much of the editing of the paper, much of the reporting because he had a large team, 75 people, that included everybody. and some really talented rewrite editors and talented reporters he jumped to -- went ou

introduce your witness. >> the president of toyota motor manufacturing in indiana based in princeton and a community an hour away from where i live. as the first thing that has chronic issues of getting workforce right. it's for tight labor supply. that's the way you raise labors the old fashion way short -- way. it produces high and sequoia. started the career there in 1997 for national recognition as a leader in manufacturing and workforce training. she will tell us today about the innovative force he academy program. toyota began and is working in princeton, indiana and involves all the local high schools and is a model that other companies need to look at across the country. >> why don't you start with your testimony. >> thank you senator. thank you for being an advocate when you are a business owner, a mayor, governor. the challenges we have to address the issues that you spoke about is that there are multiple paths to opportunity in this country. and because of that, i left the business that i founded over 41 years ago. it can be transformational for our country for our busines

it's a middle tier college, it wasn't a for-profit school but it wasn't a prestigious princeton university. it was very convenient so she walked across the street one day after lunch and they said yes, we love to enroll you and it was like clockwork. you basically signed. she said i don't have money to pay for this and they say don't worry . you can take out student loans and this isa good investment . >> .. that she had to get a phd. and because this was state licensing for school, state licensing rules required her to get a phd. just to pursue her dream of becoming a psychologist she would need eight eight tof schooling between graduate school, phd and undergraduate. that ended up being expensive but each year she would sign the paperwork to get a student loan. they did no credit check or no review of like how much she would learn afterward and whether the debt use burning was too high. lo and behold she comes out of school in the early 2000s with $120,000 in debt. a quarter of that was or that was a part of that was interesting because government had been charging all this interest incl