Comments on: Frontline – The Warning: Who Knew About the Looming Financial Crisis? http://www.creditwritedowns.com/2009/10/frontline-the-warning-who-knew-about-the-looming-financial-crisis.html Finance, Economics and Markets Fri, 10 Feb 2012 00:37:00 +0000 hourly 1 By: Edward Harrison http://www.creditwritedowns.com/2009/10/frontline-the-warning-who-knew-about-the-looming-financial-crisis.html#comment-57385 Edward Harrison Wed, 21 Oct 2009 15:09:00 +0000 http://www.creditwritedowns.com/2009/10/frontline-the-warning-who-knew-about-the-looming-financial-crisis.html#comment-57385 I will remove it as I had done on Naked Capitalism (since it distracts). I will revisit the topic later. I will remove it as I had done on Naked Capitalism (since it distracts). I will revisit the topic later.

]]> By: Matt Stiles http://www.creditwritedowns.com/2009/10/frontline-the-warning-who-knew-about-the-looming-financial-crisis.html#comment-57384 Matt Stiles Wed, 21 Oct 2009 14:39:00 +0000 http://www.creditwritedowns.com/2009/10/frontline-the-warning-who-knew-about-the-looming-financial-crisis.html#comment-57384 EMH underpins laissez faire? Please reconsider this before expanding on it. That is categorically false. http://mises.org/journals/rae/pdf/RAE10_2_2.pdf "The main shortcomings of the EMH are similar to those of the long-run competitive theories that focus exclusively on equilibrium outcomes while ignoring the entrepreneurial activity that generates those outcomes." EMH underpins laissez faire? Please reconsider this before expanding on it. That is categorically false.

http://mises.org/journals/rae/pdf/RAE10_2_2.pdf

“The main shortcomings of the EMH are similar to those of the long-run competitive theories that focus exclusively on equilibrium outcomes while ignoring the entrepreneurial activity that generates those outcomes.”

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