Guest: Michael Hiltzik is a Pulitzer Prize–winning journalist and author who has covered business, technology, and public policy for the Los Angeles Times for three decades. He currently serves as the Times’s business columnist and hosts its business blog, The Economy Hub. Hiltzik received the 1999 Pulitzer Prize for articles exposing corruption in the entertainment industry. His latest book is Iron Empires: Robber Barons, Railroads, and the Making of Modern America.