On Friday, when I was in New York for the AHA, I also got to go around to the NPR studios and talk with some of my favorite radio hosts.

Doing a radio interview by phone is weird; there’s none of the normal intimacy you get in a telephone conversation. Doing a radio interview in studio is more natural, because you can see the hosts and get all the normal cues you get in conversation—but it’s still weird; you’re being timed, and monitored, and there’s a big microphone in your face.

Still, after we’d been talking for some time, it got to seem more natural. Which was probably about when I stopped making sense—if you’re jet-lagged from the redeye, and also sitting comfortably in pleasant company, you start to lose coherence I fear.

Anyway, here it is: what if there’d been no New Deal?