Are Prices "Engines of Chaos"? - Deconstructed

What this episode covers

In standard economic theory, prices are simply expressions of information about the scarcity of (and demand for) goods. But in his new book “Price Wars: How the Commodities Markets Made Our Chaotic World,” writer and filmmaker Rupert Russell argues that the modern era of algorithm-driven speculation has normalized unpredictable price swings in commodity markets and turned prices into “engines of chaos.” Russell joins Ryan Grim to discuss.https://join.theintercept.com/donate/now Hosted on Acast. See acast.com/privacy for more information.

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Frequently Asked Questions

How long is this episode of Deconstructed?

This episode is 53 minutes long.

When was this Deconstructed episode published?

This episode was published on March 18, 2022.

What is this episode about?

In standard economic theory, prices are simply expressions of information about the scarcity of (and demand for) goods. But in his new book “Price Wars: How the Commodities Markets Made Our Chaotic World,” writer and filmmaker Rupert Russell argues...

Can I download this Deconstructed episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.