4 ms·
A number of economists have argued that insider trading is a good thing (as it efficiently adds information to the market) and should not be illegal: http://ww
by new299 12y ago
A number of economists have argued that insider trading is a good thing (as it efficiently adds information to the market) and should not be illegal:
http://www.washingtonpost.com/blogs/wonkblog/wp/2013/07/26/insider-trading-makes-us-richer-better-informed-and-could-prevent-corporate-scandals-legalize-it/ http://www.washingtonpost.com/blogs/wonkblog/wp/2013/07/26/i...
- dllthomas 12y agoThis doesn't seem to have been insider trading, though. It seems to have been people letting others know about orders they're about to make on behalf of clients. I don't know of any economists who say that sort of breach of fiduciary duty should be legal - it's nothing but handing over someone else's money.