Wed, 18 March 2015
In today's discussion, Jason Hartman and Jeremy Josse talk about Jeremy's latest book, Dinosaur Derivatives and Other Trades. Jeremy talks about some of the key lessons you can learn from the Old Testament as well as why financial innovation is not as bad as it might seem. Today's topics mostly focus on economics, the value of money and other possessions, interest, and capitalism.
1:45 – What are dinosaur derivatives?
3:40 – Jeremy talks about Joseph from the Old Testament.
7:40 – Joseph's story shows us what happens if you take risk away from the economy.
14:08 – Corporations are an illegal fiction because they're seen by law as a person when in reality they're not.
19:10 – Jason asks if it's bad to charge interest? Jeremy explains.
23:15 – Do corporations really operate on a capitalist system?
26:30 – Jeremy believes that neither socialism or capitalism is that helpful anymore.
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