Tags » Eugene Fama

Eugene Fama and the simulative effects of fiscal policy

Eugene Fama argues that government bailouts and stimulus plans seem attractive when there are idle resources – when there is unemployment such as in a recession or depression including in the 1930s. 427 more words

Macroeconomics

Eugene Fama on share market bubbles

Q: I guess most people would define a bubble as an extended period during which asset prices depart quite significantly from economic fundamentals.

A: That’s what I would think it is, but that means that somebody must have made a lot of money betting on that, if you could identify it.

176 more words
Economics