David Brooks Doesn't Believe We Should Jail People for Stealing (At Least on Wall Street)

Everyone thought David Brooks was a conservative. But in today's column on high frequency trading and the fact that it has often been used to support front-running in which traders effectively engage in inside trading, Brooks tells readers:

"You can’t tame the desire for money with sermons. You can only counteract greed with some superior love, like the love of knowledge.

"Third, if market-rigging is defeated, it won’t be by government regulators. It will be through a market innovation"

So th...