I listened to this podcast during my walks yesterday and today. Brilliant, brilliant woman. Pistor is able to explain the economic system in such a way that even I can understand some of it. The trick will be to keep what works and find ways to change what does not, and is pushing us to the brink.
Pistor’s theory has sweeping implications for some of the most fundamental economic questions of our time: How is wealth actually created? Why does our current economic system produce such huge inequalities? What causes financial crises? In Pistor’s telling, you can’t begin to answer such questions without understanding the legal foundation that our economy is built on.
The Ezra Klein Show: A Guide to the ‘Legal Fictions’ That Create Wealth, Inequality and Economic Crises on Apple Podcasts