Republican Bill Jerke, a very conservative former Colorado State Legislator known as a tax "enemy," has a surprising job this election season. He's going around to lots of different conservative groups and urging voters NOT to vote for three Colorado ballot initiatives that would cut state taxes so severely, they'd essentially strangle state government from here on out.
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Richard Ravitch has helped fix three governmental crises, including when New York City nearly went bankrupt in 1975. What's changed, to make it so much harder for him to solve the state's current financial crisis? Host Ira Glass reports.
Why is it that Barbados and Jamaica faced almost identical financial crises, but now Jamaica is incredibly poor and Barbados is prospering? Alex Blumberg reports on the surprising strategy Barbados used to survive its crisis. Alex first learned about this story from a paper by Peter Blair Henry, the dean of the Stern School of Business at New York University.