Physics Perspective

I've long felt that while we need a better science of markets and economics in general, one that embraces ideas from other areas of mode...

I mentioned recently some work (in progress) by Stefan Thurner and colleagues exploring how leverage influences stability (price volatili...

This post offers some further details in connection with an essay I've written for Bloomberg Views . It will be was published tomorrow...

Just in case you're not sufficiently demoralized by the failure of authorities to punish almost anyone in the financial industry for the...

No one (I hope) enjoys reading about tax codes, but Simon Johnson makes a very good point : they make be potentially very useful in helping ...

UPDATE BELOW Anyone who enjoyed the film The Inside Job about the financial crisis will surely enjoy a new prize instituted by the blog N...

The notion that markets aggregate the opinions of many and thereby make superior estimations of value has a very long history. It's cert...