EPISODE · Jul 14, 2025
Do Financial Markets Operate Upon Superior Knowledge?
from Audio Mises Wire · host Frank Shostak
The Efficient Market Hypothesis claims that financial markets process information immediately and correctly. However, since the EMH is based upon unrealistic assumptions, we also have to question the efficacy of this hypothesis, especially when central banks intervene in the markets. Original article: https://mises.org/mises-wire/do-financial-markets-operate-upon-superior-knowledge
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