The Physics of Wall Street: A Brief History of Predicting the Unpredictable
ISBN: 9780547317274 | 0547317271
Format: HardcoverPublisher: Houghton Mifflin Harcourt
Pub. Date: 1/2/2013
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A young scholar tells the story of the physicists and mathematicians who created the models that have become the basis of modern finance and argues that these models are the solutiontonot the source ofour current economic woes.
After the economic meltdown of 2008, many pundits placed the blame on "complex financial instruments" like derivatives, and the physicists and mathematicians who dreamed them up. But a young academic named James Weatherall quickly began to question this narrative. Were the physicists really ... MORE
After the economic meltdown of 2008, many pundits placed the blame on "complex financial instruments" like derivatives, and the physicists and mathematicians who dreamed them up. But a young academic named James Weatherall quickly began to question this narrative. Were the physicists really ... MORE
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