RealClearMarkets – How Much Stock Trading Should There Be?

A while back, I wrote a post about high-frequency trading and the Grossman-Stiglitz paradox. Today, Joseph Stiglitz gave a speech about high-frequency trading and the Grossman-Stiglitz paradox, and if you usually come here for your Grossman-Stiglitz paradox news, I guess you should go there. It’s his paradox. Half his paradox. It’s not my paradox, anyway. Read […]