Common Currency: Arbitrage a 'magic lever' in market creation, function
One of my favorite concepts in economics and finance is the concept of arbitrage, because it is one of the great unseen forces at work in the discovery and equalization of market prices.
Are you a newspaper subscriber but you don't have a Digital Access account yet? https://secure.forumcomm.com/?publisher_ID=40&event=subscriber/lookup.
You will need your subscription account number and phone number. Not sure if you have an account? Email us at firstname.lastname@example.org and we can help you.