Season 1 · Episode 184
Is the share market killing innovation?
Debunking Economics - the podcast · Steve Keen & Phil Dobbie
January 20, 202041m 35s
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Show Notes
US equities, in fact shares around the world, seem to be running away with themselves right now. Is this healthy? And who wins, other than the investors who sell before the price tops out? This week Phil Dobbie talks to Prof Steve Keen about the relationship between shareholder value and the growth and productivity of the company’s shareholders are buying in to. Is part of the problem that the system promotes the managerial class, rather than incentivises entrepreneurs?
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