Spencer Jakab, “The Revolution That Wasn’t: GameStop, Reddit, and the Fleecing of Small Investors”

New Books in Economics | 25 January 2022 | 1h 01m | Listen Later | iTunes | Spotify
Interview with Spencer Jakab about his book The Revolution That Wasn’t: GameStop, Reddit, and the Fleecing of Small Investors. Describes the factors that drove the GameStop short squeeze of early 2021. Explains that what appeared to be a watershed moment – a revolution that stripped the ultra-powerful hedge funds of their market influence, placing power back in the hands of everyday investors – only tilted the odds further in the house’s favour.

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