
“Financial markets need to become less, not more, efficient.”
Thing 22
23 Things They Don't Tell You About Capitalism (2010)
Source: Flash Boys (2014), p. 266
“Financial markets need to become less, not more, efficient.”
Thing 22
23 Things They Don't Tell You About Capitalism (2010)
“Even in financial markets, the concept of market efficiency does not hold.”
Part II, Chapter 8, The Dynamics of Unemployment, p. 176
The Death of Economics (1994)
“[…]financial intelligence is a synergy of accounting, investing, marketing and law.”
Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!
Source: The Poker Face of Wall Street (2006), Chapter 1, The Art of Uncalculated Risk, p. 12
Financial Capitalism v. Industrial Capitalism http://michael-hudson.com/1998/09/financial-capitalism-v-industrial-capitalism/ (September 3, 1998)
Michael-Hudson.com, 1998-
On the 1997 Asian Financial Crisis
The Crisis of Global Capitalism (1998)
Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!
The Crisis of Global Capitalism (1998)