Finance has an oversized presence in contemporary mature nations. It has grown enormously in terms of size, relative to the rest of the economy. And, financialization has crept into all aspects of our lives. Housing, education, and healthcare are all targets for investors. More recently, new investment vehicles are being marketed that would even financialize natural ecosystems.
We speak with Randall Wray, senior scholar at the Levy Economics Institute and professor of economics at Bard College.
Redeye
The financialization of everything
Finance has an oversized presence in contemporary mature nations. It has grown enormously in terms of size, relative to the rest of the economy. And, financialization has crept into all aspects of our lives. Housing, education, and healthcare are all targets for investors. More recently, new investment vehicles are being marketed that would even financialize natural ecosystems.
We speak with Randall Wray, senior scholar at the Levy Economics Institute and professor of economics at Bard College.
- Broadcast on:
- 26 Nov 2021
Finance has an oversized presence in contemporary mature nations. It has grown enormously in terms of size, relative to the rest of the economy. And, financialization has crept into all aspects of our lives. Housing, education, and healthcare are all targets for investors. More recently, new investment vehicles are being marketed that would even financialize natural ecosystems.
We speak with Randall Wray, senior scholar at the Levy Economics Institute and professor of economics at Bard College.