With [incomplete or] assymetric information [and that's pra… - John Komlos

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With [incomplete or] assymetric information [and that's practically always the case]... Stiglitz and Greenwald proved... markets are inefficient, and that should be the default model.

John Komlos

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About John Komlos

(born 28 December 1944) is an American economic historian of Hungarian descent and former holder of the chair of economic history at the University of Munich.

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Originators like John Komlos:

Ha-Joon Chang Joseph E. Stiglitz Kate Raworth Paul Krugman Friedrich Hayek

Additional quotes by John Komlos

[H]ousehold incomes... weren't going up. You don't need a Ph.D. in economics to figure out that something's not right with that.

The new normal is what I call Bailout capitalism because Ben Bernanke put a lot of money [creation of $trillions by the Federal Reserve] into the financial sector.

One need not be a native utopian to be appalled by a society... [of] gross inequality...

With [incomplete or] assymetric information [and that's practically always the case]... Stiglitz and Greenwald proved... markets are inefficient, and… - John Komlos

About John Komlos

Additional quotes by John Komlos