Jonathan Hoenig on The Workings of Financial Markets
Radio Interview: Wednesday, 24 July 2013
I interviewed Jonathan Hoenig on "The Workings of Financial Markets" on Philosophy in Action Radio on Wednesday, 24 July 2013. You can listen to or download the podcast below.
Financial markets are often vilified – and misunderstood. How do financial markets work? What impact do they have on the economy? Are they dangerous – or beneficial? What is the government's current versus proper role in financial markets?
Jonathan Hoenig is portfolio manager at Capitalistpig Hedge Fund LLC. He appears regularly on Fox News.
- Duration: 1:08:30
- Download: MP3 File (23.5 MB)
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- The nature and workings of financial markets
- About hedge funds
- The workings of trading
- The purpose of the markets
- The rationality of traders
- The basis of prices
- Traders as "speculators" and "greedy"
- The risk of markets
- Innovation in financial markets
- The hours of markets
- Labor theory of value and zero-sum trades
- Government regulations on financial markets
- The ban on advertising hedge funds
- The negative effects of regulations
- The ban on onion futures
- The financial crisis
- The proper role of the governments in financial markets
- Government regulations on price
- Limits on hedge fund investors
- "Greed Is Good: The Capitalist Pig Guide to Investing" and Ayn Rand
- The Objective Standard: Jonathan Hoenig and The Objective Standard--Lawbreakers No More:
- Institute for Justice: Taucher v. Born: IJ Defeats the Commodity Futures Trading Commission's Licensing of Internet & Software Publishers
- Capitalism: The Unknown Ideal by Ayn Rand
- Greed Is Good: The Capitalist Pig Guide to Investing
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About Philosophy in Action Radio
I'm Dr. Diana Hsieh. I'm a philosopher specializing the application of rational principles to the challenges of real life. I received my Ph.D in philosophy from the University of Colorado at Boulder in 2009. My dissertation defended moral responsibility and moral judgment against the doubts raised by Thomas Nagel's "problem of moral luck."
My radio show, Philosophy in Action Radio, broadcasts live over the internet on Sunday mornings and Wednesday evenings. On Sunday mornings, I answer four meaty questions applying rational principles to the challenges of real life in a live hour-long show. Greg Perkins of Objectivist Answers co-hosts the show. On Wednesday evenings, I interview an expert guest about a topic of practical importance.
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