
The Stupidest Thing You Can Do With Your Money (Rebroadcast)
Freakonomics Radio
00:00
Why Did It Take So Long?
Eugene Fama was awarded the Nobel Prize in economics on October 14, 2013. He's known for developing what we now know is the efficient market hypothesis. Jack Bogel: The question should be why did it take so long to come up with this idea? "I mean, the academic world crassed this stuff basically immediately," he says.
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