Rational Exuberance

BusinessWeek's Michael Mandel pushes back at economic doomsayers. It's time, he says, for a little rational exuberance about the U.S. economy.

Guests:

Michael Mandel, chief economist, BusinessWeek Magazine and author of "Rational Exuberance: Silencing the Enemies of Growth and Why the Future is Better Than You Think"

Alan Blinder, former vice chairman of the Federal Reserve and member of President Clinton's Council of Economic Advisers (1993 to 1994). He is professor of economics at Princeton University.