Though often used, the term “financialization” is largely misunderstood. In order to address this issue, the American Institute for Economic Research commissioned Acton board member and chief investment officer of the Bahnsen Group, David Bahnsen, to write a white paper on this topic. His approach to financialization is simple: that we defend and not demonize capital markets, and clarify and not obfuscate how financial markets enhance our attempts at achieving human flourishing. 

On today’s episode, Acton’s chief operating officer, Stephen Barrows, talks to David about his paper.

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Financialization and Missed Boats | American Institute for Economic Research