Keynes vs Friedman – What is the Mix Today?
Blog written in July, 2103. There is plenty of discussion nowadays as to whether to bailout or not to bailout.Continue Reading
Tag: new complexity science
Entropy, Complexity and the Strong Anthropic Principle
Observers are necessary to bring the Universe into being. The Universe must have those properties which allow life to developContinue Reading
The Fourth Law
Entropy happens to all things physical which are larger than an atom. This means they run down, decay, and eventuallyContinue Reading
How To Create New Derivatives Based on Complexity
According to Wikipedia: “In finance, a derivative is a special type of contract that derives its value from the performanceContinue Reading
What are the Units of Complexity?
Complexity is a fundamental physical characteristic of every system that may be found in Nature. Its importance is similar toContinue Reading
Large-scale Analysis of Ecosystems of Corporations
In an interconnected and complex economy corporations form networks, or ecosystems as well as supply chains (or supply networks asContinue Reading
Systemic Resilience Analysis: Supercomputers Provide New Tools for Regulators, Investors and Governments
In a world dominated by turbulence and interdependency, fragility and complexity are the main new factors which are impactingContinue Reading
Beyond Risk Management. What Are The Alternatives?
When facing large doses of uncertainty risk model-based methods of managing uncertainty don’t work. One thing is to manage anContinue Reading
Is It Possible To Make Predictions?
Prediction of the future has always been man’s dream. However, there is an overwhelming amount of physical evidence that thisContinue Reading
Should Europe Have Its Own Rating Agency?
The Cold War was, de facto, the Third World War. We are now fighting the Fourth World War. It isContinue Reading
Artificial Intuition 