Source: "A general equilibrium approach to monetary theory" (1969), p. 29 as cited in: Andrés, Javier, J. David López-Salido, and Edward Nelson. " Tobin's imperfect asset substitution in optimizing general equilibrium http://research.stlouisfed.org/wp/2004/2004-003.pdf." Journal of Money, Credit and Banking (2004): 665-690.
“Reflecting an amalgam of economics, monetary, and psychological factors, the stock market represents possibly the most subtly intricate game invented by man.”
Source: The Theory of Gambling and Statistical Logic (Revised Edition) 1977, Chapter Nine, Weighted Statistical Logic And Statistical Games, p. 296
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Richard Arnold Epstein 27
American physicist 1927Related quotes
Source: Maitreya's Mission Vol. II (1993), After the stock markets collapse, Chapter 4, Economic Change
Source: The Theory of Gambling and Statistical Logic (Revised Edition) 1977, Chapter Nine, Weighted Statistical Logic And Statistical Games, p. 295
[Westlund, Darren, Cambria Treasures, Warren Leopold, Cambira, CA, Small Town Surrealist Productions, 1990, 39, ASIN: B000E263NM, 2019-03-17, https://www.amazon.com/Cambria-Treasures-Interviews-Noteworthy-Cambrians/dp/B000E263NM]
"A Crash Course for Central Bankers," Foreign Policy (September/October 2000)
“The stock market is not the economy, and the economy is not the stock market.”
repeatedly on his radio program " Marketplace APM https://www.marketplace.org/2019/09/30/the-stock-market-is-not-the-economy/" (September 2019)
N. Gregory Mankiw, Brief Principles of Macroeconomics. 2011, p. 24-25
2000s -
After the 2016 Brussels bombings. http://www.politico.eu/article/jean-claude-juncker-eu-needs-a-security-union-brussels-attacks/ (23 March, 2016)
2016
Part VII, The Margin Surplus, Wealth How?, p. 261.
Running Money (2004) First Edition