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Brokers Rake in Record Profits No Matter What
Nancy K. Humphreys
Americans got ripped off during the financial crisis. Right? Nope! That began decades earlier when financial wizards invented a myth called the "efficient market hypothesis" based on Burton Malkiel's Random Walk.
In God We...Invest
Scientist and former White House Senior Policy Analyst; Ph.D. ...
Wall Street is our secular religion. As with more traditional beliefs, faith trumps reason. That explains our willful blindness to the obvious scam, the fantastic story told to us by billionaire bankers.
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