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Goolsbee: We Need More Investment

The basic engine of U.S. economic prosperity has been the economy's tendency to innovate, which has not changed, and investors need to continue working past fears of the financial crisis, says economics professor Austan Goolsbee.

Ben Johnson: Hi. I’m Ben Johnson, director of passive funds research with Morningstar. I’m here on the sidelines of our ETF Invest 2013 Conference. Today, I’m joined by Austan Goolsbee. Austan was the former chair of President Obama's Council of Economic Advisers, and he's currently a professor of economics just down the street here at the University of Chicago.

Austan, thank you so much for joining.