Relevant and even prescient commentary on news, politics and the economy.

You searched for: label/unfettered markets

General Equilibrium Theory by Popular Demand

…if markets are incomplete, unless there is an amazing coincidence, there exists a regulation of financial markets which makes everyone better off than laissez faire. This does not mean we…

Schizofinance

…that financial markets are efficient and inefficient. If financial markets are efficient, then the way to maximize risk adjusted returns is to buy and hold the market. If one is…

The contrarian addiction

…protects the public from food-borne illnesses. It issues nutritional advice and drug labeling guidelines. It polices false medical claims on packaging and in advertisements. It safeguards about one in every…

Finance and belief in how markets work

…worked in those two arenas. Markets are not efficient In quantitative trading, nobody really thinks that “markets are efficient.” That’s kind of ridiculous, since then what would be the point…

Making Markets be Markets

by Daniel Becker I came across a presentation called Make Markets be Markets sponsored by the Roosevelt Institute which is tied to New Deal 2.0. Here is the full report…