Exciting new episode of Coolabah’s Complexity Premia Podcast out now!

Month: September 2019

Capitalism is dead

Today I argue that in response to the 2008 crisis central banks and treasuries have thrown the baby out with the bathwater. Unable to tolerate the pain associated with capitalism’s most important attribute, “creative destruction” – or the cathartic process by which markets punish bad businesses and reward good ones – government agencies decided that …

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