3 ms·
This pits those in favor of maximizing the size of the pie (most everyone) against those who would rather shrink it and maximize the size of their slice (Harley
by worstspotgain 2y ago
This pits those in favor of maximizing the size of the pie (most everyone) against those who would rather shrink it and maximize the size of their slice (Harley riders, the he-who-must-not-be-named politician, cannibals, insider trading proponents.)
The stock market was one of the most economically efficient inventions in history. It massively grew the size of the pie. Nothing made it more stable and efficient than the banning of insider trading. Removing the ban would turn it into a cesspool of cheating that would make yesterday's meme stocks look like treasuries by comparison.
But that would be just fine with the would-be cheaters. They view it like the ban on Harleys by your HOA. If they could just ride their Harley around your cul-de-sac all night, they could buy your house for a song when you move out. It would increase the size of their slice, so it makes total sense to them.