Aspen Ideas Festival: Is math important?

At the Aspen Ideas Festival they posed an interesting question: Is math important? Teachers in some other countries think kids need more understanding of math fundamentals instead of the high-falutin' stuff. Which kinds of math are actually important to know? and why??

Pt 1: Jo Boaler is a professor of math education at Stanford University. David Coleman is president of the College Board. Elizabeth Green is author "Building a Better Teacher." Steven Strogatz is an applied mathematics professor at Cornell University. Pt 2: University of Wisconsin math professor Jordan Ellenberg, economist Steven Rattner, and Pamela Fox, a computing curriculum engineer at Khan Academy. David Leonhardt, moderator.