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Steve Keen -
Future
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The belief that a capitalist economy is inherently stabilising is also one for which inhabitants of market economies may pay dearly in the future.
Steve Keen
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If investors disagree about future prospects of companies, then inevitably the future is not going to turn out as most — or perhaps even any — investors expect.
Steve Keen
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The EMH cannot apply in a world in which investors differ in their expectations, in which the future is uncertain, and in which borrowing is rationed.
Steve Keen
Quote of the day
Nobody ever did anything very foolish except from some strong principle.
William Lamb, 2nd Viscount Melbourne
Steve Keen
Born:
March 28, 1953
(age 71)
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