I had the same response. I'm sympathetic to the idea that there might be wrong with the increase in buybacks in recent years, although that's more of a sense th

I had the same response. I'm sympathetic to the idea that there might be wrong with the increase in buybacks in recent years, although that's more of a sense that any massive change in behavior should have extremely well-understood consequences. This article didn't convince me that _all_ buybacks are bad.