The media alone can't ease the tensions that come from the debate surrounding the issues we deal with every day.

However, we can create spaces where people can freely kick the tires of their preconceived notions.

I'm Tim O'Brien, and I'm the senior executive editor at

Bloomberg Opinion. On our platform we ask tough questions and solve complex

problems with the facts in mind. Because context changes how you see things and

how you change things.

Context changes everything.

Start exploring our opinion coverage and more at Bloomberg.com

slash subscribe.

Brought you by Bank of America, Mary Lynch investing in local communities, economies, and a sustainable future.

That's the power of global connections, Mary Lynch Pierce Fenner and Smith Incorporated, member SIPC. Welcome to the Bloomberg Surveillance Podcast. I'm Tom Keene with David Gura.

Daily, we bring you insight from the best in economics, finance, investment, and

international relations. Find Bloomberg surveillance on iTunes, SoundCloud

Bloomberg.com and of course on the Bloomberg.

It's great to see Marvin Goodfriend here in our Bloomberg 1130 studios in

New York, the Friends of Alan Melter, Professor of Economics,

the Tepper School of Business at Carnegie Mellon University.

Great to have you with us here in studio.

I have the paper here, the case for unencumbering interest rate policy

at the Zero Bound, something that Tom touted throughout

August after you delivered that paper at the Jackson Hole Economic Symposium.

We'll get to that in a minute, but let me start with the Lail Brainer's remarks at Harvard

...