Original source: SimoleonSense.com .
Introduction (Via New Deal)
Today, we live streamed an important conversation with Nobel prize winning economist Joe Stiglitz and legendary market guru Jim Chanos, president of the world’s largest short-selling hedge fund. The topic, “Selling Us Short: The Limits of Markets (and Governments).”
The conversation explored the end of so-called free market fundamentalism – the failings of the ideology, the system it propagated, and those who promoted it. Stiglitz and Chanos considered the economic principles that should underpin the organization of markets and society and examined interests and paradigms that constrain bold action.
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