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You know what is the problem "efficient market" capitalism? It is logical enough to make people with IQ 100-110 attracted and interested and even fascinated by
by ilkhd2 17y ago
You know what is the problem "efficient market" capitalism?
It is logical enough to make people with IQ 100-110 attracted and interested and even fascinated by it, but it is completely devoid of theoretic basis - the only basic premise is Adam Smith's invisible hand; and that is disturbing for smarter people. Like Stiglits often says - hand is invisible because it is not.
- deleted 17y ago[deleted]