In this week's episode, Mark looks at the implications of famed investor Jim Chanos shutting down his hedge fund which specialized in shorting stocks. The closure comes as stock markets in the US hit all time record highs. Mark frames these two events in light of the Austrian Theory of the Business Cycle.&nbsp;

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"The Social Function of Stock Speculators" by Robert P. Murphy:&nbsp;<a href="https://Mises.org/Minor46_A" target="_blank">Mises.org/Minor46_A</a>

"Short Sellers Keep the Market Honest" (Wall Street Journal) by Jim Thanos: <a href="https://Mises.org/Minor46_B" target="_blank">Mises.org/Minor46_B</a>

"Jim Chanos, Short Seller Who Took on Enron and Tesla, to Close Hedge Funds" (Wall Street Journal) by Gregory Zuckerman Follow and Peter Rudegeair: <a href="https://Mises.org/Minor46_C" target="_blank">Mises.org/Minor46_C</a>

In this week's episode, Mark looks at the implications of famed investor Jim Chanos shutting down his hedge fund which specialized in shorting stocks. The closure comes as stock markets in the US hit all time record highs.{ai:summary}In this week's episode, Mark discusses the closure of Jim Chanos' hedge fund and its connection to the US stock market reaching record highs. He analyzes these events through the lens of the Austrian Theory of the Business Cycle. #economy

Jim Chanos and Stock Markets

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