Should Finance Professors Take the Blame for the Financial Crisis?

1,977 views · Published 23 November 2009 · 27:50 · Indexed 24 October 2026

Channel: Columbia Business School · 2009 · News & Politics

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Business writer Justin Fox discusses rational markets and the role finance professors play in assessing and teaching efficient market models.

Fox is the author of The Myth of the Rational Market: A History of Risk, Reward, and Delusion on Wall Street (HarperBusiness, 2009). His talk at Columbia Business School was sponsored by the Sanford C. Bernstein & Co. Center for Leadership and Ethics. To learn more, visit http://www.gsb.columbia.edu/leadership

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