{"id":255026,"date":"2010-01-31T10:57:52","date_gmt":"2010-01-31T15:57:52","guid":{"rendered":"http:\/\/www.businessinsider.com\/efficient-markets-theory-disproved-as-economists-ignore-10-pound-note-on-the-ground-at-davos-2010-1"},"modified":"2010-01-31T10:57:52","modified_gmt":"2010-01-31T15:57:52","slug":"efficient-markets-theory-disproved-as-davos-economists-ignore-10-pound-note-on-the-ground","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/255026","title":{"rendered":"Efficient Markets Theory Disproved As Davos Economists Ignore 10-Pound Note On The Ground"},"content":{"rendered":"<p><img decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/image\/4adaff0a00000000001d0ca2-400-\/uk-pound-sterling.png\" border=\"0\" alt=\"UK pound sterling\" width=\"400\" \/><\/p>\n<p>Don&#8217;t let your economic beliefs get in the way of free money lying on the ground, as just happened in Davos:<\/p>\n<p style=\"padding-left: 30px;\"><a href=\"http:\/\/www.slate.com\/id\/2242919\/\">Slate:<\/a> This afternoon, while walking into the Congress Center, the main hub of Davos, I noticed a piece of gray paper on the floor. It looked like it might be currency of some sort&mdash;certainly not a dollar, but perhaps Swiss francs or something else.<\/p>\n<p style=\"padding-left: 30px;\">&#8230;<\/p>\n<p style=\"padding-left: 30px;\">But I&#8217;m a connoisseur of economic irrationality. And so I bent down and picked up the paper. On one side, the grim visage of Queen Elizabeth. On the other, Charles Darwin. It was a 10 pound note, worth about $16.25. Just lying on the floor, unmolested by Nobel Prize-winning economists, CEOs of Fortune 500 companies, and financial journalists.<\/p>\n<p style=\"padding-left: 30px;\"><a href=\"http:\/\/www.slate.com\/id\/2242919\/\">Read more here &gt;<\/a><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/efficient-markets-theory-disproved-as-economists-ignore-10-pound-note-on-the-ground-at-davos-2010-1#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/bloomberg-totally-misses-david-teppers-joke-about-efficient-markets-2010-1\">Bloomberg Totally Misses David Tepper&#8217;s Joke About Efficient Markets<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/forget-davos-youll-have-more-fun-at-brazils-shadow-economic-conference-2010-1\">Forget Davos, You&#8217;ll Have Way More Fun At Brazil&#8217;s Shadow Economic Conference<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/the-only-10-important-things-said-today-in-davos-2010-1\">The Only 10 Important Things Said Today In Davos<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/Nz1FcCJfTGE\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Don&#8217;t let your economic beliefs get in the way of free money lying on the ground, as just happened in Davos: Slate: This afternoon, while walking into the Congress Center, the main hub of Davos, I noticed a piece of gray paper on the floor. It looked like it might be currency of some sort&mdash;certainly [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-255026","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/255026","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=255026"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/255026\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=255026"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=255026"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=255026"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}