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My guest today is Oliver Hart, the sixth Nobel Prize winner to appear on this podcast. He is a British-born American economist, and currently the Andrew E. Furer Professor of Economics at Harvard University. He received the Nobel Memorial Prize in Economic Sciences in 2016 for his work on contract theory. Oliver is an expert on contract theory, theory of the firm, corporate finance, law and economics. He studies how ownership roles, structure and contractual arrangements are used in the governance and boundaries of corporations.
The topic is the economics behind a Nobel Prize.
In this episode of Trend Following Radio we discuss:
- Contracts
- Venture capital
- Residual control
- Irrational exuberance
- Currency equilibrium
- Bitcoin
- Differences in bitcoin and blockchain
- Efficient Market Theory
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