Quotes by Market Efficiency I take the market-efficiency hypothesis to be the simple statement that security prices fully reflect all available information. Eugene Fama market-efficiency investing simple Corruption is government intrusion into market efficiencies in the form of regulations. Milton Friedman market-efficiency regulation government The argument for the free market is a complicated and sophisticated one and depends on demonstration of secondary effects. I have confidence market efficiency will win out. Milton Friedman market-efficiency argument winning Even in financial markets, the concept of market efficiency does not hold. Paul Ormerod market-efficiency financial doe The protection of private property does more than promote market efficiency; it enhances the level of human freedom in the most intimate and personal parts of our lives. Richard Allen Epstein market-efficiency wisdom doe