Tom Woods invites Bob onto his podcast to discuss the coordinated actions of retail traders to implement a short squeeze on hedge funds, in the process causing GameStop stock to increase some 1,500%. Tom and Bob explain the basic economics involved and the political implications.
Mentioned in the Episode and Other Links of Interest:
- The Tom Woods Show.
- A Bloomberg article and an ARSTechnica article giving good summaries of the timeline.
- Bob’s article on “The Social Function of Stock Speculators,” and a 2008 article criticizing the government’s forbidding of short-selling financial stocks.
- Chris Cillizza’s CNN article blaming GameStop controversy on Trumpism.
- Help support the Bob Murphy Show.
The audio production for this episode was provided by Podsworth Media.