Day: November 10, 2013

  • Economics, predictions, “predictions”…

    Predicting how stock prices will rise or fall, everybody knows, is worth a fortune. Understanding the predictability of stock prices, too, can net you a pretty rich dividend, as Eugene Fama, Lars Peter Hansen, and Robert Schiller can tell you this morning. The three have together won the 2013 Sveriges Riksbank Prize in Economic Sizes […]