Jeff Deist joins David Gornoski to talk about the GameStop Wall Street Saga. He highlights how the media narrative seeks to manipulate the masses to view Reddit traders as fascistic and Hedge Funds as the victims. Is there really any difference between what the Wall Street elites are doing and what the Reddit traders did? What exactly is Robin Hood? What is Stake Holder theory? Listen to the entire segment to find out and more.
Find more from David Gornoski on A Neighbor’s Choice.
The Mises Institute exists to promote teaching and research in the Austrian school of economics, and individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. These great thinkers developed praxeology, a deductive science of human action based on premises known with certainty to be true, and this is what we teach and advocate. Our scholarly work is founded in Misesian praxeology, and in self-conscious opposition to the mathematical modeling and hypothesis-testing that has created so much confusion in neoclassical economics. Visit https://mises.org