He proposed market efficiency as an ideal state that real markets can only approach.
Not exact matches
The newly -
proposed course description for â $ ˜Financial Economicsâ $ ™, still contained among its contents the â $ ˜testing the
efficiency of
markets.â $ ™ When I objected to this, given the financial meltdown that we had just witnessed and the irrefutable evidence that this theory did not hold water, I was told that the theory of efficient financial
markets still had to be tested to decide of its real - world relevance.
It understands with economist Alan Blinder that two questions must be asked about any
proposed economic policy: Does it redistribute wealth from the rich to the poor, and does it improve the
market's
efficiency?
«This has led us to
propose the fair
market hypothesis, that the self - organizing dynamics of the ideal free
market, i.e., Adam Smith's «invisible hand,» not only promotes
efficiency but also maximizes fairness under the given constraints.
Due to cost implications in a slow moving
market there are a few energy
efficiency upgrades
proposed by BSC that could not be implemented in 2008.
Some of the proposals «highlights» include: (1) fully eliminating the Office of Energy
Efficiency and Renewable Energy, slashing the $ 3.2 billion budget, and eliminating
proposed advanced nuclear energy technology programs from the Office of Nuclear Energy; (2) eliminating the Innovative Technology Loan Guarantee Program; (3) cutting $ 1.59 billion from the Office of Science, including the elimination of two of the four Energy Innovation Hubs, elimination of the 46 Energy Frontier Research Centers (EFRCs), elimination of the Workforce Development for Teachers and Scientists Program, and a broad range of other cuts to basic energy sciences; (4) eliminating the power
marketing administrations; and (5) cutting the administration's FY2012 budget request for ARPA - E from $ 650 million to $ 300 million.
In its short report, the working group
proposes a deal that would focus on environmental and other regulations alleged to interfere with free
market efficiency, rather than traditional trade issues such as lowering tariffs.
A time as anticipated as principal since it's some distance a extraordinarily popular model in the smartphone
market and strength enchancment
proposes extra than modifications in
efficiency, autonomy, and the experience of the employ of the system.