In standard economic theory, prices are simply expressions of information about the scarcity of (and demand for) goods. But in his new book “Price Wars: How the Commodities Markets Made Our Chaotic World,” writer and filmmaker Rupert Russell argues that the modern era of algorithm-driven speculation has normalized unpredictable price swings in commodity markets and turned prices into “engines of chaos.” Russell joins Ryan Grim to discuss.

Transcript coming soon.

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» Are Prices “Engines of Chaos”? | Deconstructed | Peace | https://www.pea.cx/2022/03/18/are-prices-engines-of-chaos/ | 2024-10-17T10:20:41+00:00