What is 'mechanism design theory?' A retired professor from the University of Minnesota became the oldest person ever honored with a Nobel Prize Monday. Leonid Hurwicz, 90, will share this year's Nobel in economics "for having laid the foundations of mechanism design theory." What does that mean in layman's terms?11:00 a.m.
Guests
Louis Johnston: Professor of economics at St. John's University and the College of St. Benedict in Collegeville. Johnston studied under Leonid Hurwicz.
Survivors of bridge collapse still healing in body and soul Lindsay Petterson and Erica Gwillim were both driving south on the I-35W bridge in Minneapolis when it collapsed on Aug. 1. They were injured in the accident, and are still recovering physically and mentally.12:00 p.m.
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