In this podcast, I have a conversation with Justin Fox, economics and business columnist for Time Magazine and author of the book The Myth of the Rational Market: A History of Risk, Reward, and Delusion on Wall Street.
As publisher Harper Collins says about the book: â€œChronicling the rise and fall of the efficient market theory and the century-long making of the modern financial industry, Justin Fox’s The Myth of the Rational Market is as much an intellectual whodunit as a cultural history of the perils and possibilities of risk.â€
Here’s his interview on The Daily Show with Jon Stewart.
I first became acquainted with Justin by stumbling on his blog The Curious Capitalist which takes complex economic issues and translates them into everyday speak.
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[Audio Quality Alert] What began as a 30-minute interview was cut to 18 minutes because of a random recurring podcast issue I have been trying to resolve: audio distortion. About 18 minutes into the interview I had to cut it short. My sincere apologies to Justin. But I got an idea and I set out this past weekend to solve the mystery. I am happy to report: problem solved going forward â€“ I explain how at the end of the podcast – so much for myth of the rational podcast.