I agree. And why stop there? Let's throw politicians and activists and bureaucrats in jail too. Lobbyists, definitely. Lawyers? Definitely. Hey, maybe we can k

I agree. And why stop there? Let's throw politicians and activists and bureaucrats in jail too. Lobbyists, definitely. Lawyers? Definitely. Hey, maybe we can kick the whole thing off by throwing economists in jail. Edit: The point is, Stiglitz is saying let's penalize people for taking ill-gotten gains when things are riding high, and cashing out when things get low. This isn't just a business problem - politicians, activists, bureaucrats, lobbyists, lawyers, and yes, economists all do the same thing. No one seriously suggests clawing back or punishing a politician for making false promises or screwing up the economy, nor anything like that when an economist gets it wrong.