I was invited onto Thom Hartmann’s TV show “The Big Picture” to talk about the controversial comments of London-based trader Alessio Rastani whom leftist idiots the world over have called a sociopath.
Somehow we ended up talking about Goldman Sachs and the role of markets. Hartmann argued that markets must “serve” people. Of course markets don’t “serve” anyone. They represent the sum total of all economic activity. People serve their own self-interest by participating in the markets. The same people who believe the U.S. Constitution is a “living” document also believe that markets are supposed to serve someone or something. It is an absurd way of thinking.
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