Blood Meridian

Cormac Macarthy’s grisly American novel has more in common with modern economics than you might think. Goodhart’s law, that when a measure becomes a target, it ceases to be a good measure, has long been ignored by mainstream economists to their, and our, peril. In this episode of The Gold Podcast, Boaz Shoshan sits down with John Butler, the CEO of the Lend and Borrow Trust Company to discuss the metrics being targeted, the various branches of economists who endorse them, and their untold destructive capacity. https://lendborrowtrust.com/

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Podcast by Southbank Investment Research