Re:Markets are efficient if and only if P=NP (2010)
by TheOtherHobbes on Wednesday October 21, 2020 @07:19AM
(#24846663)
The EMH is also conflating an economic model with a political belief system.
The notion that these huge corporate bureaucracies are somehow "efficient" at anything except trashing the environment and homogenising and controlling - if not ultimately economically cannibalising - their own workers and customer base is clearly counterfactual.
The notion that these huge corporate bureaucracies are somehow "efficient" at anything except trashing the environment and homogenising and controlling - if not ultimately economically cannibalising - their own workers and customer base is clearly counterfactual.