One would think economic pundits are constructing bunkers as the current economic downturn will spell doom for the world. We are being challenged with the idea that markets are incapable of pricing risks correctly and are no longer efficient. Why? Because they all say, "It's different this time!" But is it really different? Despite capitalism's resilience over the years - standing tall through wars, disasters, and tragedy -- Mark must once again explain that markets are indeed efficient using his Hebner Model.

The Hebner Model