Link to the Show / Show Notes
It would be unfair, and incorrect (which is worse?), to say that everything about modern economic theory is based upon delusional thinking about human behavior and markets. Or that the theory has become merely a threadbare excuse to worship greed. Nevertheless, mainstream economists, a priori, are to be regarded with the deepest suspicion. And so it's always refreshing to hear an alternative economic worldview, particularly from a financial practitioner who knows whereof he speaks. Marshall Auerback is doing us a tremendous service with his public advocacy, and I for one am grateful. Total runtime an hour and nineteen minutes. Enjoy!
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