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January 23, 2013 10:03 pm PST

The Parable of the Ox: podcast explains the disastrous separation of financial markets from the real economy

An excellent recent episode of the BBC Radio 4 math/current affairs show "More or Less" dramatized "The Parable of the Ox," a short article by John Kay originally published in the Financial Times (paywalled, alas, or I'd link to it). Fans of James Surowiecki's Wisdom of the Crowds will know the first part of this [...]


Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/Vlx4QSJ-WPg/the-parable-of-the-ox-podcast.html

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