BONUS! The Hail Mary Effect in Presidential Politics, an interview with William Silber

It's commonly accepted wisdom that presidents are less effective in their second terms, when the term limits of the 22nd amendment turn them into Lame Ducks who cannot be elected to office a third time. But what if that common wisdom is wrong? Former NYU economics professor William Silber, author of The Power of Nothing to Lose: The Hail Mary Effect in Politics, War and Business, argues that lame ducks only appear less effective because, with nothing left to lose, they pursue goals that ar...