Physics Perspective

Inspiration from physics for thinking about economics, finance and social systems

Saturday, October 1, 2011

The limitations of markets

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Economists aren't often as vocal as they should be about the limitations of markets -- especially the extreme assumptions required for t...
6 comments:
Friday, September 30, 2011

Lobbying pays off handsomely -- visual proof

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From an article in The Economist, a graph showing the performance of the "Lobbying Index" versus the S&P 500 over the past de...
59 comments:

The Fetish of Rationality

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I'm currently reading Jonathan Aldred's book The Skeptical Economist . It's a brilliant exploration of how economic theory is ru...
12 comments:
Thursday, September 29, 2011

Economists on the way to being a "religious cult"...

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A short seven minute video produced by the Institute for New Economic Thinking offers the views (very briefly) of a number of economists on...
64 comments:

Basel III -- Taking away Jamie Dimon's Toys

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Most people have by now heard the ridiculous claim by Jamie Dimon, CEO of JPMorgan Chase, that the new Basel III rules are "anti-Americ...
67 comments:
Wednesday, September 28, 2011

Financial Times numeracy check

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This article from the Financial Times is unfortunately quite typical of the financial press (and yes, not only the financial press). Just ...
5 comments:

High-frequency trading: taming the chaos

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I have an opinion piece that will be published later today in the next few days in Bloomberg Views. It is really just my attempt to bring a...
169 comments:
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Who am I?

Mark Buchanan
Physicist and science writer. I was formerly an editor with the international science journal Nature and also the magazine New Scientist. I am the author of three earlier books, and have written extensively for publications including Nature, Science, the New York Times, Wired and the Harvard Business Review. I currently write monthly columns for Nature Physics and for Bloomberg Views.
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