Critics Corner with Steven Kaplan

On this episode of Critics Corner, Oren Cass is joined by University of Chicago Booth School of Business professor and private equity expert Steven Kaplan. They discuss the pros and cons of private equity, the risk of bankruptcy during leveraged buyouts, and the effects—both good and bad—on both workers and investors.Further Reading:American Compass’s work on financializationConfronting Coin-Flip Capitalism by Oren CassA Guide to Private Equity by American CompassPopulists Don’t Know Much About Private Equity by Steven Kaplan and Todd Henderson (Wall Street Journal)Debate: Does the Private Equity Industry Create Substantial Social Value? by Oren Cass and Todd Henderson (Newsweek)