Full episode
366: A Better Mousetrap (2008)
Act Four

The Not-for-profit Motive

To deal with the financial crisis, our own government has also had to reinvent itself, with questionable consequences. This American Life producer Alex Blumberg and NPR's financial reporter Adam Davidson talk to Brad Setser, an economist at the Council on Foreign Relations who used to work at the U.S. Treasury. Together they explain what happens when the government reinvents itself as a bank—and not necessarily a successful bank. Alex and Adam are part of an NPR's Planet Money project. (6 minutes)