Re:Why Inequality Matters
by danielweber on Thursday October 16, 2014 @03:02PM
(#8466794)
This is a good response.
In theory, if I put $N into an equity, then someone else will get $N out, because efficient market and all that. That frees the same $N up for that other person to consume/invest.
In practice there is somewhat the detail of equities being bid up a bit by people wanting to own them.
In theory, if I put $N into an equity, then someone else will get $N out, because efficient market and all that. That frees the same $N up for that other person to consume/invest.
In practice there is somewhat the detail of equities being bid up a bit by people wanting to own them.