Description
In this week's episode, Mark looks at the implications of famed investor Jim Chanos shutting down his hedge fund which specialized in shorting stocks. The closure comes as stock markets in the US hit all time record highs. Mark frames these two events in light of the Austrian Theory of the Business Cycle.
Be sure to follow Minor Issues at Mises.org/MinorIssues.
Get your free copy of Murray Rothbard's Anatomy of the State at Mises.org/IssuesFree.
Additional Resources
"The Social Function of Stock Speculators" by Robert P. Murphy: Mises.org/Minor46_A
"Short Sellers Keep the Market Honest" (Wall Street Journal) by Jim Thanos: Mises.org/Minor46_B
"Jim Chanos, Short Seller Who Took on Enron and Tesla, to Close Hedge Funds" (Wall Street Journal) by Gregory Zuckerman Follow and Peter Rudegeair: Mises.org/Minor46_C
Government's power to control our lives—its power to tax and spend, and the enormous, but largely cloaked power to print money—has created the “great divide” in America. Unfortunately, it has pitted Americans against each other.
"Main Street Uncertainty Reaches All-Time High" (Small...
Published 11/02/24
Prohibition is one way the government swings the fist of violence into our daily lives.
Mark Thornton presented this talk at the Mises Institute's Supporters Summit in Hilton Head, South Carolina, on October 12, 2024.
Order a free paperback copy of Murray Rothbard’s What Has Government Done to...
Published 10/26/24