[ExI] Belief in Market Efficiency

[Fred C. Moulton]

On Fri, 2009-01-30 at 23:46 -0800, samantha wrote:
>   In reality people 
> are not equal in abilities, in character, in ambition, in physical 
> beauty, etc, etc.  They will not be equal in the results they achieve 
> either.  So what?

We should not forget that there are other factors such as where people
were born and raised; what school they attended or if they faced
discrimination; etc.  And these factors can have an effect on other
factors such as character, ambition and abilities.  

These issues are very complex.

Fred