Economics Seeks To Be A Science. Science

Every Bubble Consists Of A Trend That Can Be Observed In The Real World And A Misconception Relating To That Trend. The Two Elements Interact With Each Other In A Reflexive Manner.

Market Prices Are Always Wrong.

Fundamental Analysis Seeks To Establish How Underlying Values Are Reflected In Stock Prices, Whereas The Theory Of Reflexivity Shows How Stock Prices Can Influence Underlying Values

Revolutions Usually Start With Enthusiasm And End In Tears.

In 2012, The Far-right Golden Dawn Won 21 Seats In Greece's Parliamentary Election, The Right-wing Jobbik Gained Ground In My Native Hungary, And The National Front's Marine Le Pen Received Strong Backing In France's Presidential Election. Growing Support For Similar Forces Across Europe Points To An Inescapable Conclusion: The Continent's Prolonged Financial Crisis Is Creating A Crisis Of Values That Is Now Threatening The European Union Itself.