19 April 2014

The problems of HFT, Joe Stiglitz edition

April 15, 2014 @ 8:04 pm
By Felix Salmon

Never mind Michael Lewis. The most interesting and provocative thing to be written of late about
financial innovation in general, and high-frequency trading in particular, comes from Joe Stiglitz. The
Nobel prize-winning economist delivered a wonderful and fascinating speech [1] at the Atlanta Fed’s
2014 Financial Markets Conference today; here’s a shorter version of what Stiglitz is saying.

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