• Shall We Repeal The Laws of Economics?

  • Sep 19 2024
  • Length: 55 mins
  • Podcast
  • 5.0 out of 5 stars (1 rating)

Shall We Repeal The Laws of Economics?

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  • Summary

  • In his latest memo, Howard Marks discusses the economic facts of life, as he examines the workings of free markets and what happens when they’re tampered with. He considers what “price-gouging” actually means and how rents should be set. He ultimately argues that the laws of economics shouldn’t be overridden — even when it’s politically advantageous to do so – because of the loss to society.

    You can read the memo here (https://www.oaktreecapital.com/docs/default-source/memos/shall-we-repeal-the-laws-of-economics.pdf?sfvrsn=ab205566_1).
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