The Problem Is No Longer That With

I Don't Care Who Writes A Nation's Laws - Or Crafts Its Advanced Treaties - If I Can Write Its Economics Textbooks.

Funeral By Funeral, Theory Advances.

Second, They [those Who Disagree With Market Efficiency] Always Claim They Know A Man, A Bank, Or A Fund That Does Do Better. Alas, Anecdotes Are Not Science. And Once Wharton School Dissertations Seek To Quantify The Performers, These Have A Tendency To Evaporate Into The Air - Or, At Least, Into Statistically Insignificant T-statistics.

What We Know About The Global Financial Crisis Is That We Don't Know Very Much.

Every Good Cause Is Worth Some Inefficiency.