Money and Finance
- Wired: How To Spot The Future – By Thomas Goetz
So how do we spot the future—and how might you? The seven rules that follow are not a bad place to start. They are the principles that underlie many of our contemporary innovations. Odds are that any story in our pages, any idea we deem potentially...
- Keen To Be Heard
Steve Keen, associate professor of economics at the University of Western Sydney, is becoming something of a superstar. He has been acknowledged as one of a handful of economists to have predicted the global financial crisis and now is a regular speaker...
- The Bernanke Put: Creating Tetrodoxin Investors - By Cliff W. Draughn
In the realm of academic sciences there sits at the top of the food chain the world of physics. The world according to Galileo, Pascal, and Newton can be quantified and the laws governing cause and effect put forth in intricate formulas and mathematical...
- Explorations In Common Sense And Common Nonsense
Daniel S. Levine's Explorations in Common Sense and Common Nonsense observes human decision making, ethics, and social organization as illuminated by the scientific disciplines of neural network theory, neuroscience, experimental psychology, and dynamical...
- Charlie Munger 2003 Speech: “academic Economics: Strengths And Faults After Considering Interdisciplinary Needs”
As you might guess, I agreed to do this because the subject of getting the soft sciences so they talked better to each other has been one that has interested me for decades. And, of course, economics is in many respects the queen of the soft sciences....
Money and Finance
George Soros' Remarks at the Festival of Economics, Trento Italy
Ever since the Crash of 2008 there has been a widespread recognition, both among economists and the general public, that economic theory has failed. But there is no consensus on the causes and the extent of that failure.
I believe that the failure is more profound than generally recognized. It goes back to the foundations of economic theory. Economics tried to model itself on Newtonian physics. It sought to establish universally and timelessly valid laws governing reality. But economics is a social science and there is a fundamental difference between the natural and social sciences. Social phenomena have thinking participants who base their decisions on imperfect knowledge. That is what economic theory has tried to ignore.
- Wired: How To Spot The Future – By Thomas Goetz
So how do we spot the future—and how might you? The seven rules that follow are not a bad place to start. They are the principles that underlie many of our contemporary innovations. Odds are that any story in our pages, any idea we deem potentially...
- Keen To Be Heard
Steve Keen, associate professor of economics at the University of Western Sydney, is becoming something of a superstar. He has been acknowledged as one of a handful of economists to have predicted the global financial crisis and now is a regular speaker...
- The Bernanke Put: Creating Tetrodoxin Investors - By Cliff W. Draughn
In the realm of academic sciences there sits at the top of the food chain the world of physics. The world according to Galileo, Pascal, and Newton can be quantified and the laws governing cause and effect put forth in intricate formulas and mathematical...
- Explorations In Common Sense And Common Nonsense
Daniel S. Levine's Explorations in Common Sense and Common Nonsense observes human decision making, ethics, and social organization as illuminated by the scientific disciplines of neural network theory, neuroscience, experimental psychology, and dynamical...
- Charlie Munger 2003 Speech: “academic Economics: Strengths And Faults After Considering Interdisciplinary Needs”
As you might guess, I agreed to do this because the subject of getting the soft sciences so they talked better to each other has been one that has interested me for decades. And, of course, economics is in many respects the queen of the soft sciences....