Italy and Greece, two European countries mired in debt, are pinning their hopes on technocrats. It got us wondering, what exactly is a technocrat? For some answers, we first turned to former technocrat Ricardo Hausmann. He's an economist by trade and currently teaches at Harvard. But for a brief moment, starting in 1992...
RICARDO HAUSMANN: I was a, yeah, I was a minister of planning in the government of Venezuela.
WERTHEIMER: Hausmann left the post the following year. Politics, he says, has never been his calling.
Europe's economy, the world's largest, is in the midst of economic turmoil. A growing debt crisis has already forced the resignations of Greek Prime Minister George Papandreou as well as Italian Premier Silvio Berlusconi. And forecasts from the European Union suggest the 17-nation Eurozone could be facing possible recession next year. Some analysts are considering the possible collapse of the Eurozone. The Institute for Policy Studies recently published an article titled "Is Europe Over?"
WERTHEIMER: An upset in college football, Iowa State upset number two-ranked Oklahoma State in double overtime. That's a major shuffle for the BCS. And the NBA appears to have reached a stalemate. But some say NBA owners and players may have another go at reaching an agreement.
Joining us from member station WFCR in Amherst, Massachusetts is Howard Bryant, senior writer for ESPN.com and ESPN The Magazine.
The holiday movie season offers a short break from the assault of summer blockbusters, and it's the last chance for movie studios to push some of their award season contenders. Guest host Linda Wertheimer speaks with Washington Post movie critic Ann Hornaday about the films of this holiday season.
With Thanksgiving just days away, many are struggling this weekend with what to prepare. Thanksgiving dinner's menu is hard to change, but maybe we can get away with reconsidering dessert. Guest host Linda Wertheimer gets recommendations from chef Frank Stitt, author of Southern Table.
In the crowded race for the 2012 Republican presidential nomination, Mitt Romney may be the tortoise, but Newt Gingrich is the newt. And newts are highly adaptive salamanders that regenerate limbs when wounded and emit poison when challenged.
Conventional — and up-to-the-minute contemporary — wisdom pegs Gingrich as the ascendant favorite, knocking other candidates off their posts and platforms like an Angry Bird.
The congressional supercommittee has only a few days left to come up with a plan to cut $1.2 trillion from the federal deficit. One of the areas on the chopping block is the nation's defense budget, and Pentagon officials are pushing back against any cuts beyond the $450 billion they've already been asked to make.
The defense budget is an easy target when it comes to cutting the deficit, because it makes up half of the federal government's entire discretionary budget, says Todd Harrison, a senior fellow at the Center for Strategic and Budgetary Assessments.