Actually, the market is rational.... by it's rules. However, mere humans will never understand the market's rules.... We're left with approximations and guesses.
And since at it's core, the market is simply one expression of human interaction, I guess one could say that we will never completely understand ourselves...
Unless you're postulating that the market operates according to emergent behaviour that's "rational" in the same way that chaotic behaviour is rational, isn't that a little contradictory? It's counterintuitive, to say the least.
Markets are not rational; they're extrarational, much like most of human behaviour.
(no subject)
And since at it's core, the market is simply one expression of human interaction, I guess one could say that we will never completely understand ourselves...
Janice
(no subject)
Markets are not rational; they're extrarational, much like most of human behaviour.