http://www.make-digital.com/make/vol15/?pg=173
Here is a beautiful article by George Dyson that is truly one of the
clearest examples of the current problems with complexity theory
especially its relationship to economics , what it is trying to do and
what it actually did with the mess created
Hey Pete,
That's definitely an interesting extrapolation from that Make article.
I love stuff like that. Thanks.
But can you help me reduce my ignorance? Which "complexity science
geniuses" created these credit models? And which ones do you think
might go to jail?
-glen
Thus spake peter cir
I totally agree with Pete and might add from personal experience that the
same persons who create and use such models, also create and use rumours and
other very questionable methods to manipulate the market, aside. of course,
from
the highly risky hedge funding (we had long discussions at the
[EMAIL PROTECTED] wrote:
> The empire is perhpas crumbling.
Nah. Dow is already back 400 points so far. If it would just have
slid a little more then there would have been some really good buys!
FRIAM Applied Complexity Group listser
Judging by what yesterday did to my 401(k), there were some outstanding buys
at 7:30am (MDT) this morning.
--
Doug Roberts, RTI International
[EMAIL PROTECTED]
[EMAIL PROTECTED]
505-455-7333 - Office
505-670-8195 - Cell
On Tue, Sep 30, 2008 at 1:40 PM, Marcus G. Daniels <[EMAIL PROTECTED]>wrote:
In a message dated 9/30/08 1:42:10 PM, [EMAIL PROTECTED] writes:
> [EMAIL PROTECTED] wrote:
> > The empire is perhaps crumbling.
> Nah. Dow is already back 400 points so far. If it would just have
> slid a little more then there would have been some really good buys!
>
> Ah were it so simple
PS did anyone answer Pete's question as to the identity of the creators of
the financial market complexity models? Paul
**
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That's a good example of the way models fail as I've been describing. We
make models as projections of how things made sense in the past and not to
have any awareness of the future except their own failure. That's where my
method kicks ass.
I don't have the fancy tools others do, but I wat
The flaw in models is that they're used to reinforce our belief in
determinism. Believing determinism is what keeps us from learning the
right questions to ask about things that behave out of control. One of
the very first things you find out if you actually take an interest in them
is that t
Interesting discussion on /.
http://tech.slashdot.org/article.pl?sid=08/09/30/2146250
When we started thinking about the sys admin issues for sfx
(http://sfcomplex.org/
), we had to decide on how to address free web services. One example
we had used earlier was PBWiki, a very nice wiki eng
Kinda nifty:
http://www.economist.com/vote2008/
.. a world wide vote, even using an electoral college model. Such a
huge landslide for Obama .. but then its quite a select audience!
Interesting use of GIS as well. I wonder how hard it is for their IT
department to cons up such a critter?!
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