Professor Chadha explains why a cornerstone of Economics syllabuses is also widely disregarded. The Efficient Market Hypothesis would have us believe that markets are enormous news processors and that they set prices more efficiently than any other system. However, it doesn't take long to find examples where this isn't true. Professor Chadha, the Gresham Professor of Commerce introduces this puzzle in the short interview ahead of his lectures this year.

Jagjit Chadha

Professor Jagjit Chadha

Mercers’ School Memorial Professor of Business

Jagjit Chadha was the Mercers’ School Memorial Professor of Commerce at Gresham College from 2014-2018.

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