It is generally agreed that casinos should, in the public interest, be inaccessible and expensive. And perhaps the same is true of Stock Exchanges.
About this quote
- What does it mean?
- High-risk financial exchanges might need restrictions like casinos.
- In plain terms
- Stock markets could be limited to protect the public.
- What can you take from it?
- Regulate speculative markets to reduce public harm.
Where it applies
Putting it to work
Questions to consider
- Should financial markets be open to all?
- How do you balance speculation and stability?
Another view
Restrictions might reduce market liquidity.
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