Summary
Writing as a physicist by training, Harding traces how efficient market theory spread from business schools to central banks and governments, and how its assumptions fed the financial crisis.
He argues the theory should be retired in favor of evidence about how markets really behave.
Source
- Title
- Efficient Market Theory: When Will It Die?
- Author
- David Harding
- Year
- 2016
- Published by
- Article
- Length
- 3 pages
- File
- PDF · 5.3 MB