Flash Boys: A Wall Street Revolt (Review) | Fergus Hodgson

Comedian George Carlin quipped that “you and I are not in the big club.” When it comes to public stock exchanges in the United States, Flash Boys (2014) lifts the veil on how sophisticated insiders skim the cream off the milk. That leaves non-insiders—retail investors and even many professionals—at the bottom of the totem pole paying an opaque premium, a de facto tax on participation.

Read the full review: https://econamericas.com/2022/03/the-flash-boys-tax-on-market-participants/
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