The protection of private property does more than promote…

During periods of extreme fear or greed, you don't have the proper balance between those two to generate market efficiency and you get extremes…

— Andrew Lo

The argument for the free market is a complicated and sophisticated one and depends on demonstration of secondary effects. I have confidence market efficiency…

— Milton Friedman

First, those who disagree with market efficiency simply assert that it stands to common sense that greater effort to get facts and greater acumen…

— Paul Samuelson

I take the market-efficiency hypothesis to be the simple statement that security prices fully reflect all available information.

— Eugene Fama

“who wishes that there was a permanent, unalterable celestial despotism that subjected us to continual surveillance and could convict us of thought-crime, and who…

— Christopher Hitchens

Second, they [those who disagree with market efficiency] always claim they know a man, a bank, or a fund that does do better. Alas,…

— Paul Samuelson

Some economists became obsessed with market efficiency and others with market failure. Generally held to be members of opposite schools-freshwater and saltwater, Chicago and…

— George Gilder

Corruption is government intrusion into market efficiencies in the form of regulations.

— Milton Friedman

Even in financial markets, the concept of market efficiency does not hold.

— Paul Ormerod

“The adjective “efficient” in “efficient markets” refers to how investors use information. In an efficient market, every titbit of new information is processed correctly…

— Alan S. Blinder

“Not surprisingly, the father if market efficiency, Gene Farma, has a very clever way to avoid the pitfalls of hyperbolic discounting. When he's invited…

— Andrew W. Lo

“Since its origins, socialism has meant the liberation of working people from exploitation. As the Marxist theoretician Anton Pannekoek observed, “this goal is not…

— Noam Chomsky

I am certain that, however great the hardships and the trials which loom ahead, our America will endure and the cause of human freedom…

— Cordell Hull

Further conceive, I beg, that a stone, while continuing in motion, should be capable of thinking and knowing, that it is endeavoring, as far…

— Anonymous

Human freedom involves our capacity to pause between the stimulus and response and, in that pause, to choose the one response toward which we…

— Rollo May