FINANCIAL TIMES: Markets are good at some things and bad at others

  • Richard Christian

Press/Media: Expert comment

Description

Sir, Martin Sandbu is right when he says that crises are caused by the market’s failure to price assets correctly, but wrong when he suggests that this could be corrected with more honesty, and that Hayek had not perceived the problem (“From Lenin to Lehman — the big lies”, August 16).

Period23 Aug 2017

Media coverage

1

Media coverage

  • TitleMarkets are good at some things and bad at others
    Media name/outletFinancial Times
    Media typeWeb
    Country/TerritoryUnited Kingdom
    Date23/08/17
    DescriptionSir, Martin Sandbu is right when he says that crises are caused by the market’s failure to price assets correctly, but wrong when he suggests that this could be corrected with more honesty, and that Hayek had not perceived the problem (“From Lenin to Lehman — the big lies”, August 16).
    URLhttps://www.ft.com/content/23b40eb4-8371-11e7-94e2-c5b903247afd
    PersonsRichard Christian
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Keywords

  • economics
  • free markets
  • socialism