In a new book called 'Imagination First,' co-authors Eric Liu and Scott Noppe-Brandon argue that we -- individuals and society -- could badly use some imaginative thinking about the imagination. Scott Noppe-Brandon, the Executive Director of the Lincoln Center Institute, joined me by phone from his office in New York to discuss their work, published earlier this week:

Editor's Note: This conversation is a part of a series of NewsHour features about the importance of innovation in society and for our economy. For other stories in this series, check out Tom Bearden's report about a new car company in Massachusetts, and Simon Marks' report about smart phone apps.