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Ep. 213: Jonathan Hoenig Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The History of Capitalism

I have no regrets of promoting capitalism, promoting self-interest and reason. I think the culture, at least American culture is headed in just the opposite direction. The problem with capitalism hasn't really changed since the fifties in this country mostly that people don't know what it is. A whole generation now has been taught that capitalism is cronyism, that there is no difference. And you'd expect that in places all over the world like in Sochi or in the Middle East, you wouldn't expect that here in America.

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