Man Without Qualities

Friday, August 02, 2002

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.

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