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: uncertainty
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
Is Europe Heading For Long-Term Stagnation?
Recent news (August, 2014) speaks of slowing economy in Germany and of France, where economy has come to a virtualContinue Reading
Europe’s Banking Union: A Fragile Super Monster?
The scope of the European Banking Union is (see here): “In response to the financial crisis that emerged in 2008,Continue Reading
Financial Stability Board – Moving Away From CRA Ratings
It its may 12-th, 2014 final Peer Review Report (download) the Financial Stability Board speaks of “reducing Reliance on CRAContinue Reading
How to Best Breakup The Eurozone?
(Blog written in May 2013) The Eurozone is in an extremely fragile situation with a one-star resilience rating for theContinue Reading
Why Regulating Ratings Won’t Fix the Problem
Much has been written about the global economic crisis, its causes and its consequences. We could say that to aContinue Reading
Europe, the Eurozone Crisis, Complexity and Systemantics
The laws of systemantics are said to be pseudo-science. Fair enough. A few of these laws are listed below. TheyContinue Reading
Probability of Default Versus the Principle of Incompatibility
In circumstances characterized by high turbulence and interdependency: it is impossible to make predictions – in fact, even the currentContinue Reading
On the Complexity of Dynamics and the Dynamics of Complexity
When talking of derivatives and other sophisticated financial products, people often say that they are complex, that they have complexContinue Reading
