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

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

Harvey S. Rosen photo
Harvey S. Rosen21
American economist 1949

Citações relacionadas

„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)

Adair Turner, Baron Turner of Ecchinswell photo
W. Brian Arthur photo

„[Market outcomes] depends on the cumulation of random events.“

—  W. Brian Arthur American economist 1946

Fonte: Competing Technologies, Increasing Returns and Lock-in by Historical Events, (1989), p. 124; as cited in: Tobias Georg Meyer (2012) Path Dependence in Two-sided Markets. p. 244

Joseph E. Stiglitz photo
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)

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

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

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.

Igor Ansoff photo
Elon Musk photo

„There is nothing inherently expensive about rockets. It's just that those who have built and operated them in the past have done so with horrendously poor efficiency.“

—  Elon Musk South African-born American entrepreneur 1971

Variante: There is nothing inherently expensive about rockets. It's just that those who have built and operated them in the past have done so with horrendously poor efficiency.

Adair Turner, Baron Turner of Ecchinswell photo
Orson Scott Card photo

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