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Title: The Problem of Twelve
Author: John Coates
Narrator: Sean Patrick Hopkins
Format: mp3
Length: 4 hrs and 11 mins
Release date: 08-15-23
Ratings: 4.5 out of 5 stars, 9 ratings
Genres: Economics
Publisher's Summary:
A “problem of twelve” arises when a small number of institutions acquire the means to exert outsized influence over the politics and economy of a nation. The Big Three index funds of Vanguard, State Street, and BlackRock control more than twenty percent of the votes of S&P 500 companies—a concentration of power that’s unprecedented in America.
