Response to an article

The Realism of Assumptions Does Matter: Why Keynes- Minsky Theory Must Replace Efficient Market Theory as the Guide to Financial Regulation Policy

Keynes wrote in the general theory “if we speak frankly, we have to admit that our basis of knowledge for estimating the yield ten years hence of a railway, a copper mine, a textile factory … amount to little and sometimes to nothing”

Keynes was not talking about periods of turmoil and crisis, when it might be expected that accurate information would be hard to come by, in his view a state of near ignorance was the normal state of affairs

Please discuss Keynes concept of “uncertain knowledge” and what it may imply for our ability to measure risk and to invest both in financial assets as well as in real businesses.

PLACE THIS ORDER OR A SIMILAR ORDER WITH US TODAY AND GET AN AMAZING DISCOUNT 🙂