The Path of a Powerful Idea

The economics that Irving Fisher espoused should not be discarded. But clearly, there are some issues with it

The Economists

Eugene Fama

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Dan Dry / University of Chicago Graduate School of Business

Eugene Fama, Chicago finance professor, defined in 1969 just what an "efficient market" would be: A market in which prices "fully reflect" all available information.

Chicago finance professor who in 1969 defined just what an "efficient market" would be: A market in which prices "fully reflect" all available information

See 25 people to blame for the financial crisis.

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