„If financial markets aren't efficient, then what are they? According to the 'fractal market hypothesis', they are highly unstable dynamic systems that generate stock prices which appear random, but behind which lie deterministic patterns.“

—  Steve Keen, Chapter 11, Finance And Economic Breakdown, p. 243
Steve Keen27
Australian economist 1953
Publicidade

Citações relacionadas

Publicidade
Aron Ra photo
Ronald H. Coase photo
James Salter photo
F. Scott Fitzgerald photo
Hannah Gadsby photo
Publicidade
Jan Toporowski photo
Alan Greenspan photo
Theodor W. Adorno photo
William Osler photo

„All the more honour to those who have with honest effort striven to pierce the veil and explore the mysteries which lie behind it.“

—  William Osler Canadian pathologist, physician, educator, bibliophile, historian, author, cofounder of Johns Hopkins Hospital 1849 - 1919
Context: The search of science for the spirits has been neither long nor earnest; nor is it a matter of surprise that it has not been undertaken earlier by men whose training had fitted them for the work. It is no clear, vasty deep, but a muddy, Acheronian pool in which our modern spirits dwell, with Circe as the presiding deity and the Witch of Endor as her high priestess. Commingling with the solemn incantations of the devotees who throng the banks, one can hear the mocking laughter of Puck and of Ariel, as they play among the sedges and sing the monotonous refrain, "What fools these mortals be!" Sadly besmirched, and more fitted for a sojourn in Ancyra than in Athens, has been the condition of those who have returned from the quest, and we cannot wonder that scientific men have hesitated to stir the pool and risk a touch from Circe's wand. All the more honour to those who have with honest effort striven to pierce the veil and explore the mysteries which lie behind it.

Publicidade
Tony Buzan photo
Karl Marx photo
Ilana Mercer photo

„It would appear that the Keynesian faithful have foisted on free-market capitalists an unfalsifiable theory. Evidence that contradicts it, Keynesian kooks enlist as evidence for the correctness of their theory.“

—  Ilana Mercer South African writer
"John Maynard Keynes: Where’s The Genius?! (Part 2) http://www.economicpolicyjournal.com/2013/08/john-maynard-keynes-wheres-genius-part-2.html Economic Policy Journal, August 23, 2013.

Edwin Thompson Jaynes photo
Próximo