4 ms·
Part of the problem is that whenever a clear-cut rule of economics is found, investors take advantage of it, changing its behavior. It's almost a quantum-mechan
by tabtab 8y ago
Part of the problem is that whenever a clear-cut rule of economics is found, investors take advantage of it, changing its behavior. It's almost a quantum-mechanics-like problem in that the observer (scientists) changes the behavior of thing being observed (investors and consumers).