On Wed, 18 Jun 2003 16:57:17 -0400, Barkley Rosser wrote: > > Briefly, there were > indeed "intellectual bubbles" regarding cybernetics, > catastrophe theory, chaos theory, and complexity theory, > which rose and then fell.
What's your view on Didier Sornette and log-periodic power laws? Another intellectual bubble developing? I've got his "Why Stock Markets Crash" and there is some good stuff there, but he appears to be trying to extend his theory into a general principle of stock market movements. HE's also predicted economic collapse somewhere around 2050, which is usually the economic iconoclast's equivalent of jumping the shark. dd
