Arnold Kling  

Justin Fox on Efficient Financial Markets

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Russ Roberts interviews Justin Fox. Fox became an expert in the process of writing a book on the history of modern financial theory.

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Lance writes:

Should be an interesting listen.

The medium will probably preclude the more dogmatic positions he has taken on The Daily Show and CNBC (such as advocating a return to New Deal-era banking and securities regulation as a solution to the current crisis, or that EMH = the market is always right).

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