James Owen Weatherall
The Physics of Wall Street: A Brief History of Predicting the Unpredictable
- ISBN 13:
- 9780544112438
- author:
- James Owen Weatherall
- format:
- Paperback
- publisher:
- Mariner Books
- language:
- English
- Publication Year:
- 2014
- Pages:
- 304
- Dimensions:
- 13.5 x 2.1 x 20.3 cm
- Genre:
- Business, Finance & Law, Professional Finance, Investments & Securities
- Condition:
- New
- Availability:
- Item usually sent within 5 working days
Description
The Physics of Wall Street: A Brief History of Predicting the Unpredictable The story of how physicists came to dominate Wall Street is one of fascinating history, revealing how science was applied to some of the most complex problems in economics. This book explores the shift in financial strategizing and what it means for modern finance. Weatherall argues that the solution to the problems that led to the 2008 economic meltdown lies not in abandoning models, but in making them better. He examines the role of physicists and mathematicians in developing these models, and how their ideas were used in practice. The result is a riveting history that sheds new light on the economic future. Written by a physicist, philosopher, and mathematician, this book is both accessible and persuasive.