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Insider Trading: Incoherent In Theory, Inefficient In Practice, Eric A. Engle
Insider Trading: Incoherent In Theory, Inefficient In Practice, Eric A. Engle
Eric A. Engle
Insider trading: The words alone evoke conflicting feelings of jealousy and greed. But what is wrong with insider trading? Nothing. In fact, insider trading is good for the economy. Insider trading results in an efficient allocation of capital and thus makes the world wealthier.