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I wonder what the unintended consequences of this would be. If congressmen make less from trading stocks, where will they instead make money, or what will they

I wonder what the unintended consequences of this would be. If congressmen make less from trading stocks, where will they instead make money, or what will they do instead of make money? Full disclosure: I think that the idea of ‘insider trading’ is incoherent. In every trade, both parties believe that they are getting more than they are giving. In every stock trade the seller thinks that he is selling something for more than it is worth to him, and the buyer thinks that he is buying it for less than it is worth to him.

bettercallsalad 3y ago
> where will they instead make money, or what will they do instead of make money? Think tanks and defence analyst appearing on cable news seem like something they are already heavily involved in. Not to say speaker fees. Or lobbyists for foreign governments. They have endless streams of incoming money once they are elected to office for the rest of their life. Same goes for Fed officials like Federal Reserve. Ben Bernanke now works for Citadel. Go figure!