The Fama Quasi-Nobel: Posthumous Award for EMH?
They’re kidding, right? Nope. They mean it. What’s really weird is that he splits the award with Robert Shiller and some guy called Hansen who is an econometrician and thus unintelligible and largely irrelevant to sensible discussion of the economy. Back to Fama and Shiller: there are a few ways to deal with this. Take […]