[ExI] Efficiency of algorithmic trading

[Rafal Smigrodzki]

2011/4/29 Mr Jones <mrjones2020 at gmail.com>:

>
> Yes.  I don't disagree entirely here.  Certainly the lot of willful idiots
> has something to do with this.  Politicians have merely become adept
> predators, in a target rich environment.

### Nah, it's the voters who are the predators, leading to high
transfers of wealth from producers (e.g. CEOs) to parasites
(entitlement recipients). You Joneses have it exactly the opposite of
truth, most of the time.

Obviously, CEOs of private companies deserve salaries tens or even
thousands of times higher than average, including the "golden
parachute" plans for failed executives. Thomas Sowell has a great
analysis of this issue in his "Basic Economics".

Pity that most humans are too predatory to accept the calm voice of
the truthsayer.

Rafal