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
Hosted on Acast. See acast.com/privacy for more information.
03/18/22 • 53 min
1 Listener
Episode Comments
0.0
out of 5
No ratings yet
eg., What part of this podcast did you like? Ask a question to the host or other listeners...
Post
Generate a badge
Get a badge for your website that links back to this episode
<a href="https://goodpods.com/podcasts/deconstructed-120024/are-prices-engines-of-chaos-20021535"> <img src="https://storage.googleapis.com/goodpods-images-bucket/badges/generic-badge-1.svg" alt="listen to are prices "engines of chaos"? on goodpods" style="width: 225px" /> </a>
Copy