The Concept of Information, Intractable Uncertainty, and the Current State of the “Efficient Markets” Theory: A Post Keynesian View
Author
Abstract
Suggested Citation
DOI: 10.1080/01603477.1994.11489989
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Vasilev, Aleksandar & Maksumov, Rashid, 2010. "Critical analysis of Chapter 23 of Keynes’s Notes on Mercantilism in The General Theory of Employment, Interest and Money (1936)," EconStor Research Reports 155318, ZBW - Leibniz Information Centre for Economics.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- James Crotty, 2011.
"The Realism of Assumptions Does Matter: Why Keynes-Minsky Theory Must Replace Efficient Market Theory as the Guide to Financial Regulation Policy,"
UMASS Amherst Economics Working Papers
2011-05, University of Massachusetts Amherst, Department of Economics.
- James Crotty, 2011. "The Realism of Assumptions Does Matter: Why Keynes-Minsky Theory Must Replace Efficient Market Theory as the Guide to Financial Regulation Policy," Working Papers wp255, Political Economy Research Institute, University of Massachusetts at Amherst.
- João Adelino de Faria & Luiz Fernando de Paula & Manoel Carlos de Castro Pires & Tiago Rinaldi Meyer, 2009. "Liberalização Financeira, Performance e Econômica e Estabilidade Macroeconômica no Brasil: Uma Avaliação do Período Recente," Discussion Papers 1436, Instituto de Pesquisa Econômica Aplicada - IPEA.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Timothy Erickson & Toni M. Whited, 2000. "Measurement Error and the Relationship between Investment and q," Journal of Political Economy, University of Chicago Press, vol. 108(5), pages 1027-1057, October.
- Lloyd Ulman, 1992. "Why Should Human Resource Managers Pay High Wages?," British Journal of Industrial Relations, London School of Economics, vol. 30(2), pages 177-212, June.
- V. Ragupathy & Stefano Zambelli & K. Vela Velupillai, 2013. "A Non-linear Model of the Trade Cycle: Mathematical Reflections on Hugh Hudson's Classic," Australian Economic Papers, Wiley Blackwell, vol. 52(2), pages 115-125, June.
- Hany Shawky & Ronald Forbes & Alan Frankle, 1983. "Liquidity Services and Capital Market Equilibrium: The Case for Money Market Mutual Funds," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 6(2), pages 141-152, June.
- Hideaki Aoyama & Hiroshi Yoshikawa & Hiroshi Iyetomi & Yoshi Fujiwara, 2008. "Labour Productivity Superstatistics," Papers 0809.3541, arXiv.org.
- Ulrich van Suntum, "undated". "The Purchasing Power Argument – Could Rising Wages Foster Employment?," Working Papers 200126, Institute of Spatial and Housing Economics, Munster Universitary.
- Rawi Abdelal, 2013. "The profits of power: Commerce and realpolitik in Eurasia," Review of International Political Economy, Taylor & Francis Journals, vol. 20(3), pages 421-456, June.
- P. Arestis & C. Driver, 1984. "The Policy Implications of Post Keynesianism," Journal of Economic Issues, Taylor & Francis Journals, vol. 18(4), pages 1093-1105, December.
- Paul Davidson, 1986. "The Simple Macroeconomics of a Nonergodic Monetary Economy versus a Share Economy: Is Weitzman’s Macroeconomics Too Simple?," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 9(2), pages 212-225, December.
- Evelyn L. Forget & Shahram Manouchehri, 1988. "Keynes’s Neglected Heritage: The Classical Microfoundations of The General Theory," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 10(3), pages 401-413, March.
- Rendahl, Pontus, 2014.
"Fiscal Policy in an Unemployment Crisis,"
CEPR Discussion Papers
9992, C.E.P.R. Discussion Papers.
- Rendahl, Pontus, 2014. "Fiscal policy in an unemployment crisis," LSE Research Online Documents on Economics 58132, London School of Economics and Political Science, LSE Library.
- Pontus Rendahl, 2014. "Fiscal Policy in an Unemployment Crisis," Cambridge Working Papers in Economics 1456, Faculty of Economics, University of Cambridge.
- Pontus Rendahl, 2014. "Fiscal Policy in an Unemployment Crisis," Discussion Papers 1405, Centre for Macroeconomics (CFM).
- Kenneth Kasa, 2000.
"Forecasting the Forecasts of Others in the Frequency Domain,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 3(4), pages 726-756, October.
- Kenneth Kasa, 1995. "Signal extraction and the propagation of business cycles," Working Papers in Applied Economic Theory 95-14, Federal Reserve Bank of San Francisco.
- Paul Davidson, 1985. "Liquidity and Not Increasing Returns is the Ultimate Source of Unemployment Equilibrium," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 7(3), pages 373-384, March.
- repec:bla:ecpoli:v:20:y:2005:i:44:p:799-844 is not listed on IDEAS
- Masaaki Shirakawa, 2010. "Revisiting the Philosophy behind Central Bank Policy," International Finance, Wiley Blackwell, vol. 13(3), pages 485-493, December.
- Miguel D. Ramirez, 2020.
"Capital as a social process: A Marxian perspective,"
HISTORY OF ECONOMIC THOUGHT AND POLICY, FrancoAngeli Editore, vol. 9(1), pages 41-71.
- Miguel D. Ramirez, 2017. "Capital as a Social Process: A Marxian Perspective," Working Papers 1705, Trinity College, Department of Economics, revised Oct 2017.
- Lucia Bellenzier & J{o}rgen Vitting Andersen & Giulia Rotundo, 2016. "Contagion in the world's stock exchanges seen as a set of coupled oscillators," Papers 1602.07452, arXiv.org.
- Ellerman David, 2004. "The Market Mechanism of Appropriation," Journal des Economistes et des Etudes Humaines, De Gruyter, vol. 14(2), pages 1-21, December.
- Chandra Kanodia, 2006. "Discussion of Disclosure Risk and Price Drift," Journal of Accounting Research, Wiley Blackwell, vol. 44(2), pages 381-388, May.
- repec:spo:wpmain:info:hdl:2441/1421 is not listed on IDEAS
- James Forder, 2010.
"The historical place of the 'Friedman—Phelps' expectations critique,"
The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 17(3), pages 493-511.
- James Forder, 2008. "The historical place of the 'Friedman-Phelps' expectations critique," Economics Series Working Papers 399, University of Oxford, Department of Economics.
- Palash Deb & Parthiban David & Jonathan O'Brien, 2017. "When is cash good or bad for firm performance?," Strategic Management Journal, Wiley Blackwell, vol. 38(2), pages 436-454, February.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mes:postke:v:16:y:1994:i:3:p:325-350. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/MPKE20 .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.