Trevor Cook on public relations, social media and politics

Tag Archives: markets

Markets are not efficient, says business school academic

No kidding, but is this another sign of a post-GFC academic trend. This article from a London Business School professor published by the Harvard Business School caught my attention:
The economist Jovanovic wrote, about a quarter of a century ago, “efficient firms grow and survive; inefficient firms decline and fail”. What he meant is that the [...]