Artwork

Content provided by National Review. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by National Review or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
Player FM - Podcast App
Go offline with the Player FM app!

Episode 235: SPAC Attack and Market Basics

18:45
 
Share
 

Manage episode 484153352 series 2869904
Content provided by National Review. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by National Review or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
Financial innovations are demonized all the time, and perhaps David should be grateful because a low regard for capital markets is what motivated the creation of this podcast. But today he looks at SPACs and the criticisms of them as an example of how fallacious defense of central planning works. He makes the case that protection against fraud is one thing, but protection against loss is another. And ultimately, he makes the case that a system of robust financial markets has gains and losses, and that is a good thing.
  continue reading

103 episodes

Artwork
iconShare
 
Manage episode 484153352 series 2869904
Content provided by National Review. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by National Review or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
Financial innovations are demonized all the time, and perhaps David should be grateful because a low regard for capital markets is what motivated the creation of this podcast. But today he looks at SPACs and the criticisms of them as an example of how fallacious defense of central planning works. He makes the case that protection against fraud is one thing, but protection against loss is another. And ultimately, he makes the case that a system of robust financial markets has gains and losses, and that is a good thing.
  continue reading

103 episodes

All episodes

×
 
Loading …

Welcome to Player FM!

Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.

 

Quick Reference Guide

Listen to this show while you explore
Play