Archive for the 'Economic Theory' Category

About the effect of economic theory on capital markets …

Post-Modern Security Analysis: Part One (Introduction)

This article is the first in a series of tutorials about the techniques of post-modern securities analysis. Click the RSS button in the sidebar to get a free subscription to the whole set. Definition of “Security Analysis” Security Analysis is the study of facts about negotiable instruments for the purpose of determining whether a particular instrument is […]

Is security analysis a science?

In August 1952, the famous Benjamin Graham published an article in “The Analysts Journal” entitled, “Toward a Science of Security Analysis”. The article was sufficiently important to be republished in “The Financial Analysts Journal” in January 1995. […]

“The Economist” trashes Modern Economic Theory

On the cover of the July 18, 2009 edition of “The Economist” is a picture of a book labeled “Modern Economic Theory” melting down, with the sub-title, “Where it went wrong — and how the crisis is changing it.” […]

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