The Efficient Markets Hypothesis

The Australian economy only contracted by negative growth was only 0.1% in that December quarter, the end of 2008. That really pissed me on a mild technical recession but it's sort of a mario scorecard. Hayek came to that conclusion about efficient markets theory as someone who intrinsically believes in markets I may disciple about them Smith both volumes theory of moral sentiments plus the wealth of nations and Smith's elegant theory of price which frankly is the revolution and modern economics over the last 200 years.