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Philosopher Dr. Diana Hsieh interviewed hedge fund trader Jonathan Hoenig about "The Workings of Financial Markets" in this episode of Philosophy in Action Radio. Financial markets are often vilified – and misunderstood. How do financial markets work? What impact do they have on the economy? Are they dangerous – or beneficial? What is the government's current versus proper role in financial markets? Jonathan Hoenig is portfolio manager at Capitalistpig Hedge Fund LLC. He appears regularly on Fox News. To download or feed a high-quality version of this episode, plus show notes and other details, visit its archive page. For more from Dr. Diana Hsieh on the application of rational principles to the challenges of real life, visit PhilosophyInAction.com.