In short, the post-crisis experience has comprehensively refuted the predictions of macroeconomic theory based on the rational-expectations hypothesis.

简而言之，后危机经验全面否定了基于理性预期假说的宏观理论预期。

These implications are in direct contradiction to the theory of rational expectations and the efficient market hypothesis.

这些影响是理性预期理论和有效率的市场假说。