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Forecast: What Physics, Meteorology, and the Natural Sciences Can Teach Us About Economics

Mark Buchanan




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 | #1334079 in Books |  2014-06-03 |  2014-06-03 | Original language:English | PDF # 1 |  8.50 x.2 x5.50l,.55 | File type: PDF | 272 pages

||1 of 1 people found the following review helpful.| Changes the way you view market price action.|By Lucia|Great book. I had long suspected that news has limited impact on price action. How many times have we seen an asset spin out of control for no apparent reason and then like a bike that wobbled, correct itself and keep on riding. I work in financial sales and when these moves occur, everyone from here to kingdom come calls

Positive feedback-when A produces B, which in turn produces even more A-drives not only abrupt climate changes, but also the most important and disruptive events in economics and finance, from asset bubbles to debt crises, bank runs, even corporate corruption. But economists, with few exceptions, have ignored this reality for fifty years, holding onto the unreasonable belief in the wisdom of the market. It's past time to be asking how do markets really work? Can we r...

You easily download any file type for your device.Forecast: What Physics, Meteorology, and the Natural Sciences Can Teach Us About Economics   |  Mark Buchanan. Which are the reasons I like to read books. Great story by a great author.

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