Posted
9:52 AM
by Robert
The Charms of Insider Trading
Henry Manne, brilliant economic thinker and one of the
most charming bomb-throwers on the scene,
writes that executive options should be replaced or supplemented with
insider trading. Good for what ails the market, he says.
Of course, French companies already do a lot of what Professor Manne suggests,
de facto, but it's a bit more helter-skelter over there than what the good Professor recommends.