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Topic: market anomalies
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Charlie StrossPerson was signed in when posted  43
10-07-2005 04:09 PM ET (US)
Martyn: I resent you associating the name of an innocent science fiction convention with that bunch of scam artists!

So how'd you go about re-arranging capitalism to work better -- ban public share issues but permit companies to issue interest-bearing bonds to raise capital?

Me, I'm beginning to think that the pursuit of efficiency as a social goal is not only orthogonal to the pursuit of happiness -- it may be actively detrimental. But that's another argument.
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