I do not wish to be misunderstood: we have urgent need of the IMF. For that reason, I cannot agree with the fundamental criticism of the IMF either. We need the IMF, above all, as an international monetary promoter of open borders and free markets and as an advocate of sound and transparent policies on the part of its members.
8 Indeed, employees appear to invest heavily in their company’s stock despite the fact that their income is already tied to the fortunes of their employer. More than one-quarter of 401(k) balances are held in company stock, and this high share arises not only from an employer match but from voluntary purchases as well.