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Ep. 867: Rebecca Henderson Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Importance of Controls in Capitalism

I find myself standing in front of hard left audiences saying, you don't understand capitalism is the best chance we have for fixing these problems without innovativeness and drive. I also stand in front ofhard right audiences saying, I love capitalism, but without some kind of controls. We are going to go to a very bad place if we leave these problems unchecked. If we say it's okay to pollute like crazy and we don't care about the people at the bottom, that we will destabilize the whole system.

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