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Capital is a result of labor, and is used by labor to assist it in further production. Labor is the
Capital is a result of labor, and is used by labor to assist it in further production. Labor is the
Capital is a result of labor, and is used by labor to assist it in further production. Labor is the
Capital is a result of labor, and is used by labor to assist it in further production. Labor is the
Capital is a result of labor, and is used by labor to assist it in further production. Labor is the
Capital is a result of labor, and is used by labor to assist it in further production. Labor is the
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Eugene Fama:
After costs, only the top 3% of managers produce a return that indicates they have sufficient skillEugene Fama:
State constitutions typically provide that the state first has to service its debt, then make it peEugene Fama:
Economies typically do not function well in hyperinflation. The real value of government debt mightEugene Fama:
In an efficient market, at any point in time, the actual price of a security will be a good estimatEugene Fama:
I don't know what a credit bubble means. I don't even know what a bubble means. These words have beEugene Fama:
People are always saying that prices are too high. When they turn out to be right, we anoint them.Eugene Fama:
People don't walk away from their homes unless they can't make the payments. That's an indication tEugene Fama:
Debates go on to this day about what caused the Great Depression. Economics is not very good at expEugene Fama:
I don't believe anyone wants to hear what I have to say.Eugene Fama:
I'm an extreme libertarian, but I realize we're in a democracy, and in a democracy, people can have