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The Market vs. The Economy: What's Missing
The stock market is the most tracked, most reported-on institution in the economy—and it might represent a minority of actual corporate activity. In this episode, we trace the history of public markets from the Dutch East India Company to the $151 trillion global equity apparatus, then confront the surprising gap between what the market shows us and the vast universe of private business it misses. When we say "the market," how much are we really talking about? Episode 4655 — myweirdprompts.com/n/4655 (permanent short link: myweirdprompts.com/933754)
The skinny
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