John Birge

John Birge, a Professor at Chicago Booth with expertise in market efficiencies and insider information, dives into the controversial topic of insider trading. He discusses the recent legal victory for political betting markets and its implications. The conversation highlights the complex dynamics between political and financial markets, exploring how early bets can distort perceptions. Birge also questions the conventional view that all insider trading is harmful, suggesting that some forms may actually increase market efficiency and raise ethical considerations.