WS MoreOrLess: Nobel Prize puzzle

from More or Less · host BBC Radio 4

Tim Harford tells the story of how two economists who disagree with each other have been jointly awarded the Nobel Prize. Eugene Fama has shown that stock markets are efficient, while Robert Shiller has shown that they're not. Tim interviews both professors about their findings, and this apparent contradiction.

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This episode is 9 minutes long.

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This episode was published on October 19, 2013.

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