Magic of Markets 2 November 2013

Fictions and Futures - Arne Hector & Minze Tummescheit

Programme 4: Magic of Markets

In economics the metaphor of the “invisible hand” describes the self-regulating behaviour of the marketplace. The recent financial and economic crises have not been the least of factors which have shaken this idea of markets automatically channeling self-interest toward a collective benefit. But the gamble of turning leveraged risk into profit continues. Magic of Markets takes the image of disembodied human hands as a loose narrative thread to discuss the relationship between the stock market and the real world.

 

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