Economist Andrew Lo talks to the FT's John Authers about his adaptive markets hypothesis, the idea that markets develop and adapt over time and should be modelled using concepts from biology instead of physics. It's the subject of his recent book, Adaptive Markets: Financial Evolution at the Speed of Thought. 
This interview was originally published on March 24, 2017. Music by Podington Bear.  Hosted on Acast. See acast.com/privacy for more information.

ENCORE: Andrew Lo on adaptive markets

Alphachat is the conversational podcast about business and economics produced by the Financial Times in New York. Each week, FT hosts and guests delve into a new theme, with more wonkiness, humour and irreverence than you'll find anywhere else Hosted on Acast. See acast.com/privacy for more information.

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ENCORE: Andrew Lo on adaptive markets

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