PLEDGE NOW
Dangerous Economic Fault Lines

New analysis of deep fault lines still threatening our economy and the world’s. We speak with ex-IMF chief economist Raghuram Rajan.  

People wait in a line to enter a job fair, Wednesday, Feb. 24, 2010 in New York (AP)

A vote yesterday in the U.S. Senate came down against a new jobs bill and extending unemployment benefits.  

There may still be a way. But a big question now hangs over the United States: What happens if the jobs really don’t come back?  What if millions of Americans are stranded without paychecks and millions more see paychecks that won’t cover the cost of life?  

For a while, people make do. But what then, as some go shopping and many others just suffer?  

Economist Raghuram Rajan says we are in for a rough ride. Economically. Politically. Socially.  

This Hour, On Point: American fault lines, under pressure. 

 

Guest: 

Raghuram Rajan, former chief economist at the International Monetary Fund and a professor of finance at the University of Chicago Booth School of Business. He is also economic adviser to the prime minister of India. He is author of “Saving Capitalism from the Capitalists.” His new book is Fault Lines: How Hidden Fractures Still Threaten the World Economy.” You can read an excerpt

Please follow our community rules when engaging in comment discussion on this site.
ONPOINT
TODAY
May 28, 2015
Protesters congregate in front of city hall Tuesday, May 26, 2015, in Cleveland. Members of about 40 churches are protesting the acquittal of a white patrolman charged in the deaths of two unarmed black motorists with a march through downtown Cleveland. (AP)

The new Cleveland standard of American policing. Will it stop abuse? Will it get the job done?

May 28, 2015
Ousted Egyptian President Mohammed Morsi raises his hands as he sits behind glass in a courtroom, in a converted lecture hall in the national police academy in an eastern Cairo suburb, Egypt, Saturday, May 16, 2015. (AP)

Sentenced to death in Egypt for espionage, respected academic Emad Shahin joins us with a big take on Egypt, ISIS and America’s response.

RECENT
SHOWS
May 27, 2015
The logo from the new film, "(Dis)Honesty," which is also the logo for the Dishonesty Project. (The Dishonesty Project)

Are we natural born liars? Is it human to lie? Inside the new documentary, ” (Dis)Honesty: The Truth About Lies.”

 
May 27, 2015
Two persons are reflected in the FIFA logo at the FIFA headquarters in Zurich, Switzerland, Wednesday, May 27, 2015. Swiss prosecutors opened criminal proceedings into FIFA's awarding of the 2018 and 2022 World Cups, only hours after seven soccer officials were arrested Wednesday pending extradition to the U.S. in a separate probe of "rampant, systemic, and deep-rooted" corruption. (AP)

Top officials at soccer’s international governing body FIFA arrested in Switzerland today on charges of racketeering, wire fraud, money laundering and bribery. We’ll dig in.

On Point Blog
On Point Blog
A Former Bike Gang Member Explains "The Life"
Tuesday, May 19, 2015

Larry called in from Lawrenceburg, KY and told us he was once a member of the Pagan’s Motorcycle Club, a mid-Atlantic biker gang. He didn’t sugar coat the facts as he explained the draw of the brotherhood and what makes the outlaw motorcycle corner the underworld go round.

More »
1 Comment
 
Our Week In The Web: May 15, 2015
Friday, May 15, 2015

We cancel a few hours and suddenly all of you get convinced of a global radio conspiracy! Plus, dragon zoos.

More »
1 Comment
 
Caller: ‘It Doesn’t Always Turn Out Okay’
Wednesday, May 13, 2015

One caller shares her own story of an extremely premature birth. Her daughter, born at 22 1/2 weeks in 2012, was taken off life support after seven days.

More »
Comment