Mention259779
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| so:text | No doubt markets transmit information in the way that Hayek claimed. But what reason is there to believe that – unlike any other social institution – they have a built-in capacity to correct their mistakes? History hardly supports the supposition. Moods of irrational exuberance and panic can, and often do, swamp the price-discovery functions of markets. (en) |
| so:isPartOf | https://en.wikiquote.org/wiki/John_Gray_(philosopher) |
| so:description | The Friedrich Hayek I knew, and what he got right - and wrong (2015) (en) |
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Triples where Mention259779 is the object (without rdf:type)
| qkg:Quotation244797 | qkg:hasMention |
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