Good Medicine for Bad Bankers: Alan Blinder

The transcript covers a range of topics including the need for reform in the banking sector, cultural shifts in the perception of bankers, the impact of wealth inequality, and the importance of governance and leadership in business. It also touches on global interconnectedness and China's evolving political culture.

What does Alan Blinder suggest is necessary for the banking industry?

• Increased government regulation

• More investment in technology

• A reality show for bankers

• A new financial bailout

How has the perception of bankers changed in recent years according to the discussion?

• They are more respected now

• They are seen as less important

• They are more aware of their global impact

• They are considered more trustworthy

What is identified as a major issue affecting various industries in the US?

• Environmental concerns

• Political instability

• Wealth inequality

• Technological advancements

According to the discussion, what is essential for effective governance in 2015?

• Balancing business vision with community impact

• Focusing solely on profits

• Delegating all responsibilities

• Ignoring community impacts

What role does global interconnectedness play in China's political culture, as discussed?

• It leads to economic decline

• It has no impact

• It encourages better global behavior

• It isolates them from the world