Link to HuffPost Live segment “Back to the Economy”: Mark Gongloff, Edward G. Luce and Miles Kimball, hosted by Mike Sacks

It was a little odd having two fairly disparate topics in this HuffPost Live segment: long-run issues and who the new Fed Chief should be. Here is what I talked about:

• my public contribution proposal in “No Tax Increase Without Recompense”  and “Yes, There is an Alternative to Austerity Versus Spending: Reinvigorate America’s Nonprofits,”
• education reform,
• raising bank equity requirements (see this post and bankersnewclothes.com),
• Larry Summers vs. Janet Yellen (sorry, I waffle, but I hope in an interesting way),
• negative interest rates (see “How Subordinating Paper Money to Electronic Money Can End Recessions and End Inflation" and my electronic money sub-blog),
• the minimum wage (see ”Isaac Sorkin: Don’t Be Too Reassured by Small Short-Run Effects    of the Minimum Wage“ and ”Jonathan Meer and Jeremy West: Effects of the Minimum Wage on Employment Dynamics“), 
• breaking the state-sponsored doctor and lawyer cartels to help the middle middle class, 
• a mention of bringing down higher education costs–I was thinking of massively open online courses, combined with community college tending of students (see also Brad DeLong’s post on how the tenure system makes colleges surprisingly positive about massively open online courses).