Quotes of All Topics . Occasions . Authors
Even in financial markets, the concept of market efficiency does not hold.
Corruption is government intrusion into market efficiencies in the form of regulations.
I take the market-efficiency hypothesis to be the simple statement that security prices fully reflect all available information.
The protection of private property does more than promote market efficiency; it enhances the level of human freedom in the most intimate and personal parts of our lives.
The argument for the free market is a complicated and sophisticated one and depends on demonstration of secondary effects. I have confidence market efficiency will win out.