Why will interest rates likely rise in the US under the new impending chair of the Federal Reserve, Jay Powell? Because he is tall. Or so says financial journalist and editor, Alan Kohler.
“Economics has failed,” is a phrase that is becoming more common by the day, the result of the current economic paradigm of neoliberalism. But economist, Professor Michael Hudson says economics has not failed it all. It is working perfectly well, according to the rules upon which it has been set. On this week’s episode of Renegade Inc, we explore the cover story of neoliberal economics.
Camp Kotok: Barry Ritholtz author, columnist, equities analyst and CIO of Ritholtz Wealth Management.