Ep. 153 Mark Brennan on Wall Street Corruption, US Imperialism, and Friedman’s Rule for Corporate Philanthropy
Mark Brennan has had an interesting career, working on Wall Street and seeing the coming housing bust and then getting his PhD to become a college professor on business ethics.
Mentioned in the Episode and Other Links of Interest:
- The YouTube version of this interview.
- Mark Brennan’s NYU page.
- Bob’s book (co-authored with Doug McGuff) The Primal Prescription. #CommissionsEarned. (As an Amazon Associate I earn from qualifying purchases.)
- Friedman on corporate philanthropy.
- Help support the Bob Murphy Show.
The audio production for this episode was provided by Podsworth Media.
I also visited Laissez Faire Books in New York and was invited to a party there. That guy he mentions was Roy Childs. Unfortunately, he passed away.
Just spotted that the ‘about the host’ bio states that Bob is co-host of Contra Krugman. Sadly that is no longer the case.
My gut tells me that the words “Value Investor” should never be hanging around with the words “Elon Musk”.
There’s no way in the world that Tesla has a higher value than Toyota … not based on any concept of value that I can figure out.
You know how you were saying about the housing market back in 2006 and none if it made any sense, and those loans were going out the door without scrutiny … well that’s Tesla in 2020 as far as I’m concerned. It hasn’t crashed yet but unless the entire world goes through a major paradigm shift, the fundamentals will win and it will come crashing down.