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- “It’s complicated”, or the relationship of market anarchism with taxes | The Alan Furth blog on Subsidizing apocalypse
Tag Archives: Middle East
Mathematical arrogance and geopolitics
In a recent blog post, I argued that one of the core causes of the current global credit crisis was Wall Street’s dogmatic belief in the power of math to capture the extreme complexity of market dynamics and financial risk. Bueno de Mesquita’s talk is a good example of how far this blind faith in math can take us. Continue reading