Is Modern Capitalism Broken? | Patrick Boyle

In Episode 377 of Hidden Forces, Demetri Kofinas speaks with Patrick Boyle. Patrick is a founding partner of quantitative hedge fund Palomar Capital, a professor of finance at King's College London, and the host of "Patrick Boyle on Finance." In the first hour, Patrick shares stories from his career in finance, including his time working for Victor Niederhoffer. He and Demetri discuss the market turmoil seen at the beginning of August, including potential causes and implications, and whether the secular economic forces facing Western economies are more likely to be inflationary or deflationary in the years ahead. In the second hour, Patrick and Demetri discuss whether the U.S. economy needs a new industrial policy, what that would look like in practice, and how it may backfire by stifling rather than promoting innovation. They also discuss the challenges of social media regulations, the deterioration in business ethics, the transatlantic backlash against immigration, and much more. You can subscribe to our premium content and access our premium feed, episode transcripts, and Intelligence Reports at HiddenForces.io/subscribe. If you want to join in on the conversation and become a member of the Hidden Forces Genius community, which includes Q&A calls with guests, access to special research and analysis, in-person events, and dinners, you can also do that on our subscriber page at HiddenForces.io/subscribe. If you enjoyed listening to today's episode of Hidden Forces, you can help support the show by doing the following: Subscribe on Apple Podcasts | YouTube | Spotify | Stitcher | SoundCloud | CastBox | RSS Feed Write us a review on Apple Podcasts & Spotify Subscribe to our mailing list at https://hiddenforces.io/newsletter/ Producer & Host: Demetri Kofinas Editor & Engineer: Stylianos Nicolaou Subscribe and Support the Podcast at https://hiddenforces.io Join the conversation on Facebook, Instagram, and Twitter at @hiddenforcespod Follow Demetri on Twitter at @Kofinas Episode Recorded on 08/08/2024