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Holm Braeuer's avatar

Imagine you set up a household. You marry, have children, and run the place in some fashion or other. You may have intuitions about how it's done well, but you don't trust them. Would you then, to settle the matter, issue shares in your household that could be bought and sold, so that the price of a share reflected people's speculation about how well you were running it?

Jack's avatar

I see the logic in what you're saying, but I struggle to imagine market prices ever having the moral gravity of the other two. Maybe that's just my pre-post-modern mindset holding me back.

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