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I'm surprised it's not a popular opinion. It seems to fit well with libertarian/laissez-faire ideology. If it was legal, retail might better understand that th
by thrwyoilarticle 4y ago
I'm surprised it's not a popular opinion. It seems to fit well with libertarian/laissez-faire ideology.
If it was legal, retail might better understand that they're less knowledgable about a stock than the insiders. Instead we have the compromise where retail believes insider trading doesn't happen but it's actually rampant and retail are the least likely to benefit from it.
- WFHRenaissance 4y agoLOL, are you insisting that HN has a libertarian/laissez-faire ideology? This site is BLUE.
- UmbertoNoEco 4y ago"Blue" about SOME social issues, extremely right-wing libertarian regarding other topics like economics, foreign policy and the environment. It is pretty much aligned with mainstream Democrats so at the end you are correct.
- WFHRenaissance 4y agoUmbertoNoEco is a good one. Travels In Hyperreality changed my life.
- sofixa 4y agoVery much so, yes. Anarcho-capitalist is the prevailing economic inclination of most people on HN. On the social scale, it seems more evenly split between progressive, conservative, with some reactionaries here and there. Mapping that on the stupid US blue vs red scale is downright impossible.
- logicalmonster 4y ago> Anarcho-capitalist is the prevailing economic inclination of most people on HN. Most people? What? You're entitled to any perception of reality that you want, but I find it hard to believe that anybody can genuinely perceive ancaps to be the prevailing economic opinion here.
- sofixa 4y agoWell that's just the impression i get, it's not like we can have actual data on the matter. But every discussion I've seen where economics have been brought up, anti-regulation, pro-business, "free market will fix everything", "all the problems come from the regulation and because it's not a true free market" opinions seem to be the majority. Regardless of the topic - be it environmental regulations, monetary policies, the amount of work required to open a restaurant, EU regulatory work against Bit Tech or other oligopolies, etc.
- thaneross 4y agoI'm not sure they are the majority opinion but I agree they are common. It's not surprising given the number of CEOs and venture capitalists on the site.
- thrwyoilarticle 4y agoI didn't insist anything.