Benjamin Sarlin interviews Bo Lundgren, the Swedish Finance Minister who conceived and implemented the nationalization strategy in the 1990s. Lundgren is positive about the Swedish experience, but far from dismissive of concerns that it wouldn’t work in the United States.

Ezra Klein is a former Prospect writer and current editor-in-chief at Vox. His work has appeared in the LA Times, The Guardian, The Washington Monthly, The New Republic, Slate, and The Columbia Journalism Review. He’s been a commentator on MSNBC, CNN, NPR, and more.