In this episode of Macro Hive Conversations, Bilal Hafeez interviews John Coates, Deputy Dean of Harvard Law School and author of "The Problem of Twelve," about the increasing control a few financial institutions exert over the economy. Coates discusses the rise of public companies, the evolution of corporate governance, and the impact of globalization, inflation, and automation. The conversation explores the rise of index funds and private equity, their economies of scale, and their influence on corporate governance and the broader economy. Coates also addresses the political reactions to these trends, the role of investment banks, and offers advice to young people entering the financial world, recommending sectors like energy and healthcare.
Sign in to continue reading, translating and more.
Continue