View Single Post
  #2   Report Post  
posted to rec.boats
Anony Mouse Anony Mouse is offline
external usenet poster
 
First recorded activity by BoatBanter: Dec 2009
Posts: 39
Default collapse of the 'rational market'



"bpuharic" wrote in message
...
with the collapse of the economy, at the most recent american economic
assoc. meeting, the idea that markets are 'rational' as proposed by
the right wing 'chicago school' has also collapsed.

http://www.newsweek.com/id/232111

so much for right wing kool aid as served by rush limbaugh


Wow! My opinion after reading the article didn't come close to your
conclusion. The "Chicago school" wasn't pronounced dead, nor was Rush even
mentioned. But then, when one wants to sound well informed without that
being true, just toss in some ad hominem attack, and cite some conference of
intellectuals that in reality offered no real consensus.