Is L’affaire GameStop a Morality Play?

February 15, 2021 | by James E. Hartley

While it gives a certain amount of frisson to frame the story of GameStop as the Good Guys beating the Bad Guys, the details just don’t fit that narrative. It’s really important to think about the moral implications of economic activity, but it is equally important to get the details right. A lot of harm can be done by mistaking every economic event as fitting into a predetermined moral script.