[stouset]

They are likely suggesting that incremental, hypothetical increases in market efficiency appear to come at increasingly steep costs which primarily borne by the rest of society at large.

[twoodfin]

And the evidence for this is … ?

[polygamous_bat]

Front-running is an easy example.

[kasey_junk]

Front running is illegal.

[lotsofpulp]

So place a limit order.

[polygamous_bat]

Do you also preach everyone to learn self-defense when they propose making mugging illegal?

No, in the best world we do both.

[lotsofpulp]

Clicking radio button on a website is not at all comparable to learning self defense.

Also, front running is already illegal.

https://www.investopedia.com/terms/f/frontrunning.asp

[polygamous_bat]

> Clicking radio button on a website is not at all comparable to learning self defense.

However, stealing money is still stealing money.

> Also, front running is already illegal.

Great! Which means there are sometimes legitimate reasons to clamp down on "hyper-efficient" but socially negative actors.

[stouset]

Finance is 12% of the entire US economy.

[twoodfin]

What’s the right %?

[stouset]

Clearly less than 12%.

[twoodfin]

Well, I’m convinced.