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Episode 226: The Stock Market vs. The Real Economy?
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Manage episode 477173538 series 2869904
Content provided by National Review. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by National Review or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.
David talks about all the things that are right in the dichotomy between the “stock market” and the “real economy,” but then goes into all the things that are wrong – namely, that 99% of the time someone is making this distinction, they are doing it wrong, for the wrong reasons, in the wrong way. Understanding what public equity prices measure versus what broad economic data measures is a good thing, but pitting capital against labor is called “Marxism” – and it can be deadly wrong.
…
continue reading
106 episodes
MP3•Episode home
Manage episode 477173538 series 2869904
Content provided by National Review. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by National Review or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.
David talks about all the things that are right in the dichotomy between the “stock market” and the “real economy,” but then goes into all the things that are wrong – namely, that 99% of the time someone is making this distinction, they are doing it wrong, for the wrong reasons, in the wrong way. Understanding what public equity prices measure versus what broad economic data measures is a good thing, but pitting capital against labor is called “Marxism” – and it can be deadly wrong.
…
continue reading
106 episodes
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