On Nov 12, 2009, at 10:56 PM, Eubulides wrote:
> The formalized version of that last sentence being:
>
> http://ideas.repec.org/a/aea/aecrev/v70y1980i3p393-408.html
>
> On the Impossibility of Informationally Efficient Markets
> Grossman, Sanford J
> Stiglitz, Joseph E
From the bibliography for a book called Wall Street (1997):
Grossman, Sanford J., and Joseph E. Stiglitz (1980). “On the Impossibility of Informationally Efficient Markets,” American Economic Review 70, pp. 393–408.