Glen Weyl discusses the current asset management system in the US and explains why it has created a stranglehold on the economy. He explains how the current system decreases competition and talks about how if the wealth was not in the hands of a small number of asset managers, the economy would improve dramatically.
Author & Principal Researcher at Microsoft
E. (Eric) Glen Weyl is a Principal Researcher at Microsoft Research New York City whose work aims to use technology and economics to find new ways to organize societies to reduce inequality, increase productivity and ease political tensions. Glen Weyl is also a researcher at Princeton University and co-author of the book "Radical Markets: Uprooting Capitalism and Democracy for a Just Society".
