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Re: Marxist Financial Advice
Sartesian:
> The query about Marxist financial advice devolved,
> or evolved, into a discussion of "efficient
> markets," as if somehow markets were an abstraction
> from the social relations that drive "free exchange;"
I don't think anyone engaged in this discussion claims or thinks that
markets are an abstraction from the social relations. Efficient Market
Hypothesis, as the name suggests, is just an hypothesis within the realm of
neoclassical finance. Some take it seriously as this guy does:
http://www.ima.umn.edu/public-lecture/2003-04/ross/ross.ppt
Some like me don't!
I don't give any financial advice to people, Marxist or otherwise.
As a Turkish saying goes: "If the bold had known how to cure boldness, he
would have cured himself first!"
Best,
Sabri
- Thread context:
- Dogville: God Doesn't Bless America,
Yoshie Furuhashi Fri 25 Jun 2004, 17:25 GMT
- hunger & a question,
michael Fri 25 Jun 2004, 17:06 GMT
- query on insurance industry,
Louis Proyect Fri 25 Jun 2004, 16:06 GMT
- Peter Camejo vs. David Cobb: S/RES/1546,
Yoshie Furuhashi Fri 25 Jun 2004, 07:15 GMT
- Re: Marxist Financial Advice,
Sabri Oncu Fri 25 Jun 2004, 04:54 GMT
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