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We don't need a new "Liar's Poker" if we have fairer and more efficient financial markets.
An efficient financial system ensures that savings can flow to the most productive industry or economy.
There are alternatives to the outdated paradigm of rational consumers and efficient financial markets.
The consequence doubtless has been a far more efficient financial system.
In an efficient financial market, such discrepancies shouldn't persist, because they create arbitrage opportunities.
Second, TechFins may be able to provide far more efficient financial services.
Weather derivatives comprise efficient financial tools for managing hydrometeorological uncertainties in various markets.
Up to now, China lacked efficient financial incentives to nurture its solar energy use.
Not for the sake of the bankers, certainly; nor because state aid will create an efficient financial industry.
Although they are efficient financial platforms in ordinary times, they do little to reduce systemic risk in crisis times.
Still, British-domiciled companies are finding it hard to ignore the siren call of other countries with efficient financial and infrastructure environments.
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