Keynes and the efficient market hypothesis
Over at The Money Illusion, Scott Sumner has posted a number of blog entries about John Maynard Keynes as an investor and how it informs the debate about efficient markets: Far from refuting the efficient markets hypothesis (EMH), the story … Continue reading
Posted in Economics
Tagged EMH, John Maynard Keynes, New Classical Macroeconomics, Rational Irrationality, Real Business Cycles, The Myth of the Rational Voter
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