Forging Economic Legacies

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The complicated market in financial derivatives is run by a closed and secret group of bankers from the nation's largest financial institutions.

Reihan Salam of The Daily and The National Review Online’s The Agenda defends the Paul Ryan budget and its proposed $5.3 trillion in cuts. Greg David, of the CUNY Journalism School and Crain's New York Business, traces the city's financial legacy from Main Street to Wall Street over the past 50 years in his new book Modern New York: The Life and Economics of a City. WNYC education reporter and SchoolBook contributor Beth Fertig looks at Chancellor Walcott’s first year and other education news.  Plus: Harvard Medical School's Dr. Robert Doyle talks about what it means to be “almost alcoholic.”