Good Regulations, Middle East to Lower East Side, Crony Capitalism

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Cass Sunstein served as President Obama’s regulatory czar for three years, and on today’s show he talks about how we can make regulation both simpler and smarter. Rayya Elias tells how her family fled the violence in Syria, how she came to New York at the height of the punk movement, and put her life back together after becoming a homeless addict. We’ll take a look at a trove of leaked documents which shed light on the darker side of global finance. David Stockman, a budget director in the Reagan White House, argues that we’ve fallen prey to what he calls the politics of crony capitalism.