Audio Mises Wire

The State of Financial Markets Tells Us What Investors Really Believe

Audio Mises Wire
Frank Shostak

Mainstream economists claim that understanding and observing reality is not really “doing economics.” Instead, they believe that all we need are abstract theories that predict events well. But over time, financial markets must bend to the real world.

Original article: https://mises.org/mises-wire/state-financial-markets-tells-us-what-investors-really-believe