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Larry Summers on Trump’s ‘Tragic Precedent,’ TikTok and Regulation
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Both politicians and voters are barely able to comprehend the new technologies, let alone regulate their explosive potential. Since the 1990s the internet has changed the world probably more than any other factor, yet the internet revolution was directed by engineers more than by political parties. Did you ever vote about the internet? The democrat
... See morethe uptick rule—regulation that had been introduced by the Securities and Exchange Commission in 1938 to prevent investors from continually shorting a stock that was falling. (In other words, before a stock could be shorted, the price had to rise, indicating that there were active buyers for it in the market. Theoretically, the rule would prevent s
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