There are two types of advocates for efficient markets: the true believers & the people who manipulate markets. The latter create and fund institutes & academic departments stocked with the former to convince and/or intimidate moderately educated people into disbelieving their lyin' eyes.

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jimbokun 4 hours ago | parent [-]

Price collusion does not support efficient markets.

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staplers 4 hours ago | parent [-]

So we need some sort of regulators to ensure efficient markets?

	▲	smcg 21 minutes ago \| parent \| next [-]
		Unregulated markets always trend toward monopoly.
	▲	dmoy 4 hours ago \| parent \| prev [-]
		I mean, yea? I think efficient markets and unregulated/totally-free markets are separate dimensions, no?