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"In this thoroughly researched and piercingly intelligent book, physicist Mark Buchanan shows how a simple feedback loop can lead to major consequences, the kind predictable by mathematical models but hard for most people to anticipate. From his unique perspective, Buchanan argues that our basic assumptions about economic markets - that they are for the most part stable, with occasional interruptions - are simply wrong. Markets really act more like weather: a brief heat wave can become a massive storm in a matter of a few days, or even hours. Forecast re-imagines the basics of the financial world, with consequences that affect everyone." --Publisher description.
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Previews available in: English
Edition | Availability |
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1
Forecast: What Physics, Meteorology, and the Natural Sciences Can Teach Us about Economics
2014, Bloomsbury Publishing USA, Bloomsbury
in English
1608198537 9781608198535
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2
Forecast: what extreme weather can teach us about economics
2013, Bloomsbury
in English
- 1st U.S. ed.
1596918519 9781596918511
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3
Forecast: what physics, meteorology and the natural sciences can teach us about economics
2013, Bloomsbury
in English
1408827379 9781408827376
|
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4
Forecast: What Extreme Weather Can Teach Us about Economics
2013, Bloomsbury Publishing USA
in English
1608198510 9781608198511
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Book Details
Table of Contents
Edition Notes
Includes bibliographical references and index.
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