
Ep. 894: Michael O'Leary Interview with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Rise of the Corporate Form
I think when you go down the path of the individual entrepreneur is labeled as a bad guy for pursuing profit, that's perfectly acceptable. The part that really frightens me is that if we get to the point where we create this entire massive new bureaucracy. I don't want you to think that you're not blind to the fact that what's going on doesn't look like capitalism in the old Friedman definition ways. There's a real risk that if you put government in charge of deciding which purposes are deemed permissible, or switch ones aren't, that you can end up making a bigger problem than you're trying to solve. In the book, we very clearly went through in a chapter on what
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