“Financial crises are an unfortunate but necessary consequence of modern capitalism.” ModernCapitalismConsequenceCrisisFinancialUnfortunateFinancial Crisis Author:Andrew Lo
“Many of us like to think of financial economics as a science, but complex events like the financial crisis suggest that this conceit may be more wishful thinking than reality.” ThinkingMayRealityEventsEconomicsCrisisComplexesFinancialConceitWishful ThinkingFinancial CrisisEconomic Crisis Author:Andrew Lo