Michael Murray: In stock markets, it can be easier to make money by betting on losers, not winners. But shorting can be a perilous practicea

Michael Murray: In stock markets, it can be easier to make money by betting on losers, not winners. But shorting can be a perilous practicea
Michael Murray.

To some socialist thinkers, shorting stock - ie, betting on and profiting from a company's future distress - is disgusting and immoral.

To some socialist thinkers, shorting stock - ie, betting on and profiting from a company's future distress - is disgusting and immoral, and somehow creates unemployment. Not in my view.

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