„Even in financial markets, the concept of market efficiency does not hold.“

—  Paul Ormerod, livro The Death of Economics

Part II, Chapter 8, The Dynamics of Unemployment, p. 176
The Death of Economics (1994)

Última atualização 22 de Maio de 2020. História
Paul Ormerod photo
Paul Ormerod20
English economist

Citações relacionadas

Ha-Joon Chang photo

„Financial markets need to become less, not more, efficient.“

—  Ha-Joon Chang, livro 23 Things They Don't Tell You About Capitalism

Thing 22
23 Things They Don't Tell You About Capitalism (2010)

Adair Turner, Baron Turner of Ecchinswell photo

„Dioxin is the outcome of the operations of markets. Does this mean that having dioxin in the environment is efficient?“

—  Harvey S. Rosen American economist 1949

Fonte: Public Finance - International Edition - Sixth Edition, Chapter 5, Externalities, p. 79

Steve Keen photo
James K. Galbraith photo

„A state that does not plan does not, by default turn this function over to the market. Even if the market is perfectly efficient, it still suffers from two ineradicable defects. The first relates to the distribution of income and power: the market conveys signals only in relation to the purchasing power of the individuals transmitting them. The poor do not matter to the market. The second relates to representation: people not yet born do not turn up at the stores. They send no market signals at all“

—  James K. Galbraith economist 1952

Fonte: The Predatory State, 2008, p. 116 ; Quoted in: Trevor Manuel. " Address by the Minister in The Presidency: National Planning Commission, Trevor Manuel, at the Wits Graduate School of Public Development Management; Donald Gordon Auditorium, 26 October 2009 http://www.thepresidency.gov.za/pebble.asp?relid=1565" at thepresidency.gov.za, 2014.

Robert T. Kiyosaki photo

„[…]financial intelligence is a synergy of accounting, investing, marketing and law.“

—  Robert T. Kiyosaki American finance author , investor 1947

Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!

Milton Friedman photo

„Corruption is government intrusion into market efficiencies in the form of regulations.“

—  Milton Friedman American economist, statistician, and writer 1912 - 2006

Frequently misattributed to Milton Friedman based on a monologue from the 2005 movie Syriana
Misattributed

Michael Lewis photo
Steve Keen photo

„Since in reality the stock market is inhabited by mere mortals, there is no way that the stock market can be efficient in the way that economists define the term.“

—  Steve Keen Australian economist 1953

Fonte: Debunking Economics - The Naked Emperor Of The Social Sciences (2001), Chapter 10, The Price Is Not Right, p. 216

Nicholas Barr photo

„Markets can be efficient or inefficient; so can governments. thus market failure is a counterpoint to government failure.“

—  Nicholas Barr British economist 1943

Fonte: Economics Of The Welfare State (Fourth Edition), Chapter 4, State Intervention, p. 93

Adair Turner, Baron Turner of Ecchinswell photo
Joseph E. Stiglitz photo
Max Barry photo
N. Gregory Mankiw photo
Robert Lighthizer photo
Nouriel Roubini photo

„The Treasury plan is a disgrace: a bailout of reckless bankers, lenders and investors that provides little direct debt relief to borrowers and financially stressed households and that will come at a very high cost to the US taxpayer. And the plan does nothing to resolve the severe stress in money markets and interbank markets that are now close to a systemic meltdown.“

—  Nouriel Roubini American economist 1958

"RGE Conference Call on the Economic and Financial Outlook... and why the Treasury TARP bailout is flawed," http://www.rgemonitor.com/roubini-monitor/253762/rge_conference_call_on_the_economic_and_financial_outlookand_why_the_treasury_tarp_bailout_is_flawed RGE Monitor (2008-09-26).

Michał Kalecki photo

„An increase in the number of paupers does not broaden the market.“

—  Michał Kalecki Polish economist 1899 - 1970

Fonte: Theory of Economic Dynamics (1965), Chapter 15, Development Factors, p. 161

Steve Blank photo

„Market type influences everything a company does.“

—  Steve Blank American businessman 1953

Fonte: The Startup Owner’s Manual (2012), p. 39.

Philip Kotler photo

„Lorem ipsum dolor sit amet, consectetuer adipiscing elit. Etiam egestas wisi a erat. Morbi imperdiet, mauris ac auctor dictum.“