霍华德·马克斯最新备忘录:再论放弃经济法则

华尔街见闻
19 Jun

去年9月,我撰写了一份题为《我们是否应该放弃经济法则?》(Shall We Repeal the Laws of Economics?)的备忘录。其中,我将经济比喻为依据自身的内在规律自主运行的有机体。最广为人知的莫过于供需规律:一般而言,商品价格下降时人们会愿意购买更多,而价格上涨时生产者则愿意生产更多。另一条规则与激励有关:一般来说,人们会将资源(如劳动力)配置到回报最优的活动中。这些规律(...

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