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A comment on Outsourcing Doesn't Work. Parent comment
It's more like saying "markets aren't always right, but they're useful, otherwise they wouldn't exist".
The efficient market hypothesis says "the market may be wrong sometimes, but you can't consistently tell when".
[1] http://en.wikipedia.org/wiki/Efficient-market_hypothesis
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It's more like saying "markets aren't always right, but they're useful, otherwise they wouldn't exist".
The efficient market hypothesis says "the market may be wrong sometimes, but you can't consistently tell when".
[1] http://en.wikipedia.org/wiki/Efficient-market_hypothesis