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Are Prices "Engines of Chaos"?

Are Prices "Engines of Chaos"?

FromDeconstructed


Are Prices "Engines of Chaos"?

FromDeconstructed

ratings:
Length:
53 minutes
Released:
Mar 18, 2022
Format:
Podcast episode

Description

In standard economic theory, prices are simply expressions of information about the scarcity of (and demand for) goods. But in his new book “Price Wars: How the Commodities Markets Made Our Chaotic World,” writer and filmmaker Rupert Russell argues that the modern era of algorithm-driven speculation has normalized unpredictable price swings in commodity markets and turned prices into “engines of chaos.” Russell joins Ryan Grim to discuss.https://join.theintercept.com/donate/now See acast.com/privacy for privacy and opt-out information.
Released:
Mar 18, 2022
Format:
Podcast episode

Titles in the series (100)

Journalist Mehdi Hasan is known around the world for his televised takedowns of presidents and prime ministers. In this new podcast from The Intercept, Mehdi unpacks a game-changing news event of the week while challenging the conventional wisdom. As a Brit, a Muslim and an immigrant based in Donald Trump's Washington D.C., Mehdi offers a provocative perspective on the ups and downs of American—and global—politics.