I don't think it assumes a fixed amount of talent. Perhaps a hypothetical analogy can help: Imagine that a tax of 0.000001% is applied to every stockmarket tra

I don't think it assumes a fixed amount of talent. Perhaps a hypothetical analogy can help: Imagine that a tax of 0.000001% is applied to every stockmarket transaction, and the proceeds are given to the top 10 people who can best memorise the digits of PI. Most people would say that this scheme necessarily makes society worse off. Would you oppose this hypothetical scheme? If so, what is the significant difference between it and HFT?