Phelps on whether the Fed can prevent a recession

This just came in my inbox.

Sep. 27 (Bloomberg) -- Edmund Phelps, winner of the 2006 Nobel Prize for economics and a professor at Columbia University, talks with Bloomberg's Tom Keene from New York about limitations of U.S. Federal Reserve monetary policy, the role of central banks in preventing economic slowdown and risk facing the U.S. economy. (Source: Bloomberg)

I'll have to listen later. Time for class.