This post is opinion only. See full disclaimer below. Abstract The Macro-political Captured Assets Hypothesis (MCAH) argues that the Efficient Market Hypothesis (EMH) theoretically fails to consider the potential role of anonymous and illicit capital in the pricing of assets and that further research is needed using the small-n comparative method pioneered by scholars such … Continue reading The Institutionalization of Transparency: Dismantling the Shadow Economy to Restore Market Integrity
Tag: Barrington Moore
The Group Psychology Trader Action Model (GPTA)
Dr. Emery This post is opinion only. See full disclaimer below. This paper is a preliminary release intended to advance my broader argument. Specific analysis; sources and references remain subject to revision and correction. First of all, methodologically this is a qualitative not quantitative framework of asset bubble behavior using the small n empirical approach … Continue reading The Group Psychology Trader Action Model (GPTA)
The Macro-political Captured Assets Hypothesis: How Hidden Power Defines Asset Prices
Dr. Emery This post is opinion only. See full disclaimer below. This paper is a preliminary release intended to advance my broader argument. Specific analysis; sources and references remain subject to revision and correction. Introduction The Efficient Market Hypothesis (EMH), articulated by Eugene Fama, has long served as the orthodox framework for understanding financial asset … Continue reading The Macro-political Captured Assets Hypothesis: How Hidden Power Defines Asset Prices
Part 3: After Discussing the Genius of Tariffs, Now Let’s Consider the Counterfactuals
In two earlier posts I explained the genius of Trump's tariff strategy which are considerable. I also said this site was apolitical, though judging by some of the comments received you might not have believed me. I made the point repeatedly that wherever you fall on the political spectrum you need to understand the concepts … Continue reading Part 3: After Discussing the Genius of Tariffs, Now Let’s Consider the Counterfactuals