Flaws

The stock market, if you learn about it and look very closely, makes little sense.

There are good intentions behind it, and in the abstract it’s a decent means of getting resources where they need to be while incentivizing economic productivity and participation.

But the incentives at play are often misaligned, the mechanisms by which it’s managed and balanced are off-kilter, and the agglomeration of finicky, ultra-specific and arcane rules and regulations have made the whole, ponderous be...