Why the Heavy Hand of the State Is Getting Heavier
On this episode of Merryn Talks Money, Merryn Somerset Webb discusses how the aftermath of the financial crisis has led to more government intervention in markets.
Merryn Somerset Webb
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Will global profit margins ever revert to mean? What happens if they don’t? Can governments step in to reset wealth inequality if the financial world doesn’t rebalance itself? And given that governments mostly fail when they try this kind of thing, should they even try?
These are some of the topics discussed by Merryn Somerset Webb and her panel of guests featured across two days at the Fringe Festival in Edinburgh, excerpts of which are featured in the latest episode of Merryn Talks Money. Both conversations had a similar theme: the return of big government, what it means and who pays for it.