PRICE DISCOVERY, MARKET COMPLETION AND OTHER FANTASIES OF ECONOMISTS

PRICE DISCOVERY, MARKET COMPLETION AND OTHER FANTASIES OF ECONOMISTS By Hazel Henderson ¬© 2013, for IPS Syndication Service While debating a high frequency trader (HFT) recently, I encountered the familiar rationalizations that HFT contributes to liquidity and price discovery in markets. ¬†Assertions about liquidity are hard to justify after the …

8th and 9th States Pass Benefit Corporation Legislation: LA and SC First in the South

We at Ethical Markets Media congratulate our friends at B-Lab for this excellent progress! Hazel Henderson, editor This month, Louisiana and South Carolina passed benefit corporation legislation, becoming the first states in the South, and the 8th and 9th in the country, to grant more freedom and legal protection to …

Patagonia Registers as First California Benefit Corporation

Patagonia Registers as First California Benefit Corporation After ‘Year of the Protester’, Business Leaders Embrace Positive Alternative Submitted by: B Lab/B Corporation   SACRAMENTO, Calif., Jan. 03 /CSRwire/ – Today, Patagonia became the first company in California to elect benefit corporation status. Patagonia founder Yvon Chouinard led the largest group …