--- Alypius Skinner [EMAIL PROTECTED] wrote:
A statistical physics model is predicting that the
US stock market
recovery suggested by recent rises will only last until
spring next
year,
before tumbling yet further.
Why would this contradict efficient markets?
If this
--- Alypius Skinner [EMAIL PROTECTED] wrote:
If prices really are going up for a period of time
solely on expectation that someone else will always be willing to pay
prices even more unjustified by business fundamentals than the price the
previous buyer paid, then it would be possible to
--- [EMAIL PROTECTED] wrote:
Proportional representation doesn't allow--or at least hasn't
allowed--the fringe parties there to stop being fringe parties.
David
Yes, if by oligopoly you mean there are only a few parties, then
proportional representation does not prevent that, as we don't see
If prices really are going up for a period of time
solely on expectation that someone else will always be willing to pay
prices even more unjustified by business fundamentals than the price the
previous buyer paid, then it would be possible to predict that the
overbid stocks will
--- Alypius Skinner [EMAIL PROTECTED] wrote:
we can expect a couple of large parties to split that vote.
Fred Foldvary
Polls show these positions are supported by large, not slim,
majorities--landslide majorities. So why don't the two established
parties seek to split the vote of the
--- [EMAIL PROTECTED] wrote:
Actually it would be interesting to hear someone delinate a clear
distinction between taxation on money and taxation in kind.
There is no clear distinction.
Fred Foldvary
there does seem to be, on some emotional level, a difference
David
There is no