The founder and executive director of the Drug Policy Alliance, which promotes alternatives to the global war on drugs and author of Cops Across Borders: The Internationalization of US Criminal Law Enforcement.
Chandran Nair is the founder of the Global Institute For Tomorrow (GIFT) and co-founder and chair of Avantage Ventures, a social investment advisory firm based in Hong Kong. He is the author of Consumptionomics: Asia’s Role in Reshaping Capitalism and Saving the Planet.
The worse economic fundamentals and forecasts become, the more mysterious stock-market outcomes in the US appear. At a time when genuine news suggests that equity prices should be tanking, not hitting record highs, explanations based on crowd psychology, the virality of ideas, and the dynamics of narrative epidemics can shed some light.