To Others, Being Wrong Is A Source

Markets Can Influence The Events That They Anticipate.

The Generally Accepted Theory Is That Financial Markets Tend Towards Equilibrium, And...discount The Future Correctly. I Operate Using A Different Theory, According To Which Financial Markets Cannot Possibly Discount The Future Correctly Because The Do Not Merely Discount The Future; They Help To Shape It.

America Needs To Follow The Policies It Has Introduced In Germany. We Have To Go Through A Certain De-nazification Process.

The Concept Of A General Equilibrium Has No Relevance To The Real World (in Other Words, Classical Economics Is An Exercise In Futility).

The World Order Needs A Major Overhaul.