Monthly Archives: November 2010

Which is hurting more, oil prices or debt deleveraging?

Posted on November 19, 2010 by

Regular programming has been interrupted this week by a surge in interest in macroeconomic theory and peak oil in the NZ blogosphere! Mostly this interest has been catalysed by last Friday’s sustainable economics conference*, which I had hoped to attend. Unfortunately, I had a … Continue reading →

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Oil Markets I

Posted on November 9, 2010 by

In the Oil Markets series of posts I look at the problems of the Efficient Market Hypothesis (EMH), and present an alternative, the Adaptive Market Hypothesis. The Efficient Market Hypothesis To recap, the EMH is a mechanism that justifies the view that the … Continue reading →

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