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ANDREI SHLEIFER
The secret sauce of the China-India rivalry is educationA new study reveals that China's economic dominance over India might stem from a century-long focus on mass education, particularly in voca...- Rational markets theory keeps running into irrational humansIn the real world, people who trade based on fundamentals don’t have infinite resources.
- RBI economist predicted Nobel winnerThe Nobel Memorial Prize in Economics', authored by Saibal Ghosh, an assistant adviser in its department of economic and policy research.
- Asset prices overheatThe most consistent trait is overconfidence, which leads investors to think they know more about a stock’s value than they actually do.
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