He cant prove EMH wrong when EMH assumes market is in equilibrium. But neither could he prove his theory of reflexivity empirically even when the theory of reflexivity works on market is in disequilibrium. Pot calling the kettle "grey" ???展开全文
not true. Wine bottles used to be individually blown and hence were spherical. The more stable, straight-sided bottles were produced with the aid of an iron rod pressed into the bottom of the bottle while the glass was still soft, leaving this indentation.展开全文
回复@產業戰略情報: no resistance from labour and bureaucrats? usually the immediate consequence of reform is short term pain. and off course a reshuffling of current status quo. If everyone is too busy celebrating (GDP is ++), no one will care/feel the pain of gradual reform.展开全文
回复@john_dong: What china does now will affect the rest of the world. China have always wanted to and now ready to be an influential power. Likewise with a Chinese forum? Davos started as a rich boys' coffee club too.展开全文
