Marketcraft with Facebook co-founder Chris Hughes
Economist and author of "Marketcrafters: The 100-Year Struggle to Shape the American Economy" joins the show to talk Trump, tariffs, Meta, and how we shape markets through action and inaction.
Welcome to the podcast Organized Money. You can listen to today’s episode on Apple, on Spotify, or wherever you get your podcasts.
Spurred on by Trump, Covid, and climate change, leaders are taking a more hands-on approach to shaping markets that would have been seen as impossible a few years ago. But as our guest today argues, this kind of marketcraft is actually an American tradition. Today, Matt and David welcome Chris Hughes to the show to talk about his new book Marketcrafters. The book demolishes the myth that government and the free market were ever truly separate entities and examines the oft-forgotten stories of how policymakers on both sides of the aisle used their power to steer markets towards both good and bad ends.
This week also marks the beginning of the FTC's trial against Meta, an action Chris called for in The New York Times back in 2019. We get Chris' take on the trial, plus a dispatch from Matt, who has been watching the proceedings go down from the courtroom.
To learn about Chris' new book Marketcrafters, check out his Substack.
Read Chris' 2019 op-ed calling for Facebook to be broken up.
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