Latest / The Capitalism and Freedom in the Twenty-First Century Podcast

The Efficient Markets Hypothesis and Modern Finance with Nobel Prize Winner Eugene Fama
Jon Hartley and Eugene Fama discuss Gene’s career at the University of Chicago Booth School of Business since the 1960s and helping to start Dimensional Fund Advisers (DFA) in the 1980s, fat tails, the rise of modern portfolio theory, efficient markets versus behavioral finance, factor-based investing, the role of intermediaries, and whether asset prices are elastic versus inelastic with respect to demand.
Recorded on March 14, 2025.
ABOUT THE SPEAKERS:
Eugene F. Fama, 2013 Nobel laureate in economic sciences, is widely recognized as the "father of modern finance." His research is well-known…
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