A Market of Crooks and Naïfs

By: Sunday December 8, 2013 10:32 am

We need to stop tweaking the efficient market hypothesis and create models that resemble the circus that is the reality-based stock market.

Why Do Conservatives Loathe Keynes?

By: Sunday August 1, 2010 10:30 am

Keynes thinks that financial markets aren’t efficient. The entire conservative economic world view rides on the Efficient Market Hypothesis. Therefore, Keynes is a commieislamofascist who hates America.

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Upcoming FDL Book Salons

Saturday, April 26, 2014
2:00 pm Pacific
All the Presidents’ Bankers: The Hidden Alliances that Drive American Power
Chat with Nomi Prins about her new book. Hosted by Bill Black.

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Summer of Beer and Whiskey: How Brewers, Barkeeps, Rowdies, Immigrants, and a Wild Pennant Fight Made Baseball America’s Game
Chat with Edward Achorn about his new book. Hosted by Richard Taylor (dakine01).