As society and technology progress, the instantaneous sharing of knowledge and information is not something to fear but to celebrate. In a world where capital moves at the speed of light, flash trading ensures that resources will continue to meet more deserving hands and be put to more efficient use.
We now see, thanks to Rothbard's insights, that the Hoover-Roosevelt period was really a continuum.
Why has the stock market declined despite a strengthening in the growth momentum of monetary liquidity?
The public loves the fall of a ruthless and greedy financial titan — this, of course, is what made Oliver Stone's original <i>Wall Street</i> such a hit. But the practice of "insider trading" can actually be beneficial. In a free society, there would be no such thing as laws against so-called insider trading.
They did what they were supposed to do. Now, they have few job options at all.
