For most of the 20th century, there was a clear wall between working people’s pension funds and the riskier corners of financial markets. This wasn’t accidental—it was the law.
The Wall Street Journal editors must not be paying attention if they think that doubling down on the pro-rich, free-market
policies is going to restore “forgone
prosperity” for most people. Read more »
The problem with the stock market is not just that the casino game has been rigged to favor some gamblers—the problem is the existence of the casino in the first place. Read more »