This is I think a bogus debunking of a bogus theory. Try 'Debunking Economics' by Steve Keen for a good breakdown of real problems with many economic theories

This is I think a bogus debunking of a bogus theory. Try 'Debunking Economics' by Steve Keen for a good breakdown of real problems with many economic theories including EMH. Mostly by showing the logical fallacies in assumptions but also the naive maths and divergence from empirical reality. http://www.amazon.com/Debunking-Economics-Expanded-Dethroned-ebook/dp/B006BG8UFY/ref=sr_1_1?s=digital-text&ie=UTF8&qid=1348943992&sr=1-1&keywords=steve+keen http://www.amazon.com/Debunking-Economics-Expanded-Dethroned... His blog is http://www.debtdeflation.com/blogs/ http://www.debtdeflation.com/blogs/