https://archive.freecapitalists.org:443/forums/5.aspxenCommunityServer 2008.5 SP2 (Build: 40407.4157)https://archive.freecapitalists.org:443/forums/thread/478920.aspxThu, 12 Jul 2012 03:00:59 GMT944abf2b-d1be-4bf2-990d-438cb0e377e9:478920John James0https://archive.freecapitalists.org:443/forums/thread/478920.aspxhttps://archive.freecapitalists.org:443/forums/commentrss.aspx?SectionID=5&PostID=478920<p> <span style="font-size:11px;"><a href="http://consultingbyrpm.com/blog/2010/09/ten-things-i-hate-about-the-efficient-markets-hypothesis.html">Ten Things I Hate About the Efficient Markets Hypothesis</a></span></p> <p> <span style="font-size:11px;"><a href="http://consultingbyrpm.com/blog/2009/09/my-response-to-john-cochrane-who-was.html">My Response to John Cochrane (Who Was Responding to Krugman)</a></span></p> <p> <span style="font-size:11px;"><a href="http://mises.org/daily/1599">Of Course Investors Can Beat the Market - Stefan Karlsson - Mises Daily</a></span></p> <p> <span style="font-size:11px;"><a href="http://mises.org/daily/3835">Economists Can Be Hilarious - Robert P. Murphy - Mises Daily</a></span></p> <dl> <dd> <span style="font-size:11px;">Given our dismal reputation, I am happy to report that some economists&#39; recent defenses of the efficient-markets hypothesis are laugh-out-loud funny. Watch EMH economists try to defend their theory from either refutation or triviality.</span></dd> </dl> <p> <span style="font-size:11px;"><a href="http://mises.org/daily/4056">Bursting Eugene Fama&#39;s Bubble - Robert P. Murphy - Mises Daily</a></span></p> <dl> <dd> <span style="font-size:11px;">Fama seems to think he has just defused the critics of the EMH, but I don&#39;t see how. All Fama has demonstrated is that the people who bought overvalued assets didn&#39;t realize they were buying overvalued assets at the time. No kidding.</span></dd> </dl> <p> <span style="font-size:11px;"><a href="http://mises.org/daily/4904">Following the Efficient-Markets Hypothesis into Absurdity - Robert P. Murphy - Mises Daily</a></span></p> <dl> <dd> <span style="font-size:11px;">Most Austrians stop short of following Chicago School economists&#39; advocacy of the &quot;efficient-markets hypothesis&quot; (EMH). In its most extreme form, the EMH becomes a caricature of itself in which asset bubbles are not just unlikely but logically impossible.</span></dd> </dl> <p> <span style="font-size:11px;"><a href="http://econlog.econlib.org/archives/2010/12/what_is_a_bubbl.html">What is a Bubble?, Arnold Kling | EconLog | Library of Economics and Liberty</a></span></p> <p> <span style="font-size:11px;"><a href="http://mises.org/Community/forums/p/23300/405072.aspx#405072">Why do prices keep changing - The Mises Community</a></span></p> <dl> <dd> <span style="font-size:11px;">An online community for fans of Austrian economics, featuring forums, user blogs, and more.</span></dd> </dl> <p> <span style="font-size:11px;"><a href="http://consultingbyrpm.com/blog/2012/02/heads-emh-wins-tails-its-opponents-lose.html">Heads EMH Wins, Tails Its Opponents Lose</a></span></p> <p> &nbsp;</p><div style="clear:both;"></div>