Towards a Global Governance Information Clearing House

We at ethical markets congratulate InterPress Service for its uniquely valuable contribution to  global public awareness and understanding over the years .  I am proud to  be an IPS columnist ~ Hazel Henderson ,Editor Towards a Global Governance Information Clearing House By Ramesh Jaura* BERLIN/ROME, Aug 2014 (IPS) – Inter …

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 …