Any Central Bank Should Only

I Am Not Well Qualified To Criticize The Theory Of Rational Expectations And The Efficient Market Hypothesis Because As A Market Participant I Considered Them So Unrealistic That I Never Bothered To Study Them.

As I Discovered, There Is A Great Deal Of Similarity Between A Boom-bust Process In The Financial Markets And The Rise And Fall Of The Soviet System.

An Open Society Is A Society Which Allows Its Members The Greatest Possible Degree Of Freedom In Pursuing Their Interests Compatible With The Interests Of Others.

Every Bubble Consists Of A Trend That Can Be Observed In The Real World And A Misconception Relating To That Trend. The Two Elements Interact With Each Other In A Reflexive Manner.

Most Of The Poverty And Misery In The World Is Due To Bad Government, Lack Of Democracy, Weak States, Internal Strife, And So On.