Roger Lowenstein Quote

Lawrence Summers, now the U.S. Treasury secretary , told The Wall Street Journal after the crash, The efficient market hypothesis is the most remarkable error in the history of economic theory.

Roger Lowenstein

Lawrence Summers, now the U.S. Treasury secretary , told The Wall Street Journal after the crash, The efficient market hypothesis is the most remarkable error in the history of economic theory.

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About Roger Lowenstein

Roger Lowenstein (born 1954) is an American financial journalist and writer. He graduated from Cornell University and reported for The Wall Street Journal for more than a decade, including two years writing its Heard on the Street column, 1989 to 1991. Born in 1954, he is the son of Helen and Louis Lowenstein of Larchmont, New York. Lowenstein is married to Judith Slovin.
He is also a director of Sequoia Fund. In 2016, he joined the board of trustees of Lesley University. His father, the late Louis Lowenstein, was an attorney and Columbia University law professor who wrote books and articles critical of the American financial industry.
Roger Lowenstein's latest book, Ways and Means: Lincoln and His Cabinet and the Financing of the Civil War, was released on March 8, 2022, and won the 2022 Harold Holzer Lincoln Forum Book Prize.