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
Tag: vulnerability
The F35 – Too Complex To Succeed?
A recent article on the troubles and tribulations of the F 35 fighter claims that: “… this flying supercomputer …..isContinue 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
Low-Complexity Versus High-ComplexityPortfolios
Complexity is a fundamental physical characteristic of every system that may be found in Nature. Its importance is similar toContinue 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
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
Optimal Does NOT Mean Best
In the second half of the twentieth century it has become very popular to seek optimal solutions to a broadContinue Reading
Ratings – From an Opinion to Science
In January 2011 The Financial Crisis Inquiry Committee claimed that “The three credit rating agencies were key enablers of theContinue Reading
Artificial Intuition 