Rana Foroohar (Writer): Rise of Finance vs Fall of Business.

My guest today is Ms Rana Foroohar.Today, we will talk about Rana’s new book, Makers and Takers: The Rise of Finance and the Fall of American Business. In the book, Rana argues that Wall Street is no longer supporting Main Street businesses that create the jobs for the middle and working class. She draws on in-depth reporting and interviews at the highest rungs of business and government to show how the “financialization of America”—the phenomenon by which finance and its way of thinking have come to dominate every corner of business—is threatening the American Dream. Wu Zhijian’s Evidentialist Show is about information sharing on evidence-based research in subjects such as economics, business, and finance. Due to industry regulations, we will not discuss any of Woodsford’s products on this podcast. All opinions expressed by podcast participants are solely their own opinions and do not reflect the opinion of Woodsford Capital Management or its affiliates. If you have any questions or suggestions, please feel free to contact us. You can find our contact details on www.woodsfordcapital.com.

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