Forecast

What Physics, Meteorology, and the Natural Sciences Can Teach Us About Economics Lançado em abril de 2013 (ePub) em Inglês
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    Forecast
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    • Data de lançamento abril 2013
      Editor Bloomsbury Publishing
      Formato ePub
    • In this thoroughly researched and piercingly intelligent book, physicist Mark Buchanan shows how a simple feedback loop can lead to major consequences, the kind predictable by mathematical models but hard for most people to anticipate. From his unique perspective, Buchanan argues that our basic assumptions about economic markets - that they are for the most part stable, with occasional interruptions - are simply wrong. Markets really act more like weather: a brief heat wave can become a massive storm in a matter of a few... Ver mais

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    Resumo

    In this thoroughly researched and piercingly intelligent book, physicist Mark Buchanan shows how a simple feedback loop can lead to major consequences, the kind predictable by mathematical models but hard for most people to anticipate. From his unique perspective, Buchanan argues that our basic assumptions about economic markets - that they are for the most part stable, with occasional interruptions - are simply wrong. Markets really act more like weather: a brief heat wave can become a massive storm in a matter of a few days, or even hours. Forecast re-imagines the basics of the financial world, with consequences that affect everyone.

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    Data de lançamento

    abril 2013

    EAN

    978-1408835401

    ISBN

    9781408835401