Time horizons, incentives, and moral hazard: a very enjoyable easy-listening zoomed-out discussion of the Private Equity industry on the Freakonomics podcast.
If you find the discussion of healthcare and PE on this site and others to be too tedious and haven’t learned more about this very large and very important industry, this is a great well-produced episode.
It includes an interview with Brendan Ballou, author of Plunder: Private Equity’s Plan to Pillage America.
(Which is not to be confused with These Are the Plunderers: How Private Equity Runs—and Wrecks—America by the Pulitzer Prize–winning Gretchen Morgenson…there’s a theme here.)