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Tag Archives: markets

Markets again

Sunday, October 26, 2008

One of the principal troubles with a certain class of people is a staunch belief that markets are the Baby Jesus. Daniel talked about this yesterday, but this analysis on the implications of Greenspan’s ‘confession’ got me all riled up for another take: The failure of the Efficient Markets Hypothesis is, perhaps, an even more [...]

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Markets

Saturday, October 25, 2008

With the credit crisis raging and the stock market crashing, it’s not surprising that some people are rethinking their approach to free-market economics. What is surprising is who some of these people are. Perhaps most surprising is former Fed chairman Alan Greenspan, a staunch opponent of regulation and a former member of the Objectivist inner [...]

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