You can argue that about anything. Can't you see how bad it for America - or anywhere - for people bright enough to understand stocks to be wasting their time

You can argue that about anything. Can't you see how bad it for America - or anywhere - for people bright enough to understand stocks to be wasting their time selling stocks to rich people in Western countries Economies are too complex to judge any one person’s choice of how they participate in them. If starting a business (or being a journalist or writing a novel) was a better idea, perhaps some of those Kenyans would have done that. But writing college essay brings (brought?) new money into Kenya that can be reinvested in new businesses, journalists, and novels. In the absence of non-corrupt foreign investment in Kenya I think this could be a big booster for their productive economy. Or maybe not. But who are we to judge?