[FRIAM] Economic Disequilibrium or How Complexity Science nearly killed America

2008-09-30 Thread peter
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

Re: [FRIAM] Economic Disequilibrium or How Complexity Science nearly killed America

2008-09-30 Thread glen e. p. ropella
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

Re: [FRIAM] Economic Disequilibrium or How Complexity Science nearly killed America

2008-09-30 Thread PPARYSKI
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

Re: [FRIAM] Economic Disequilibrium or How Complexity Science nearly killed America

2008-09-30 Thread Marcus G. Daniels
[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

Re: [FRIAM] Economic Disequilibrium or How Complexity Science nearly killed America

2008-09-30 Thread Douglas Roberts
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:

Re: [FRIAM] Economic Disequilibrium or How Complexity Science nearly killed America

2008-09-30 Thread PPARYSKI
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

Re: [FRIAM] Economic Disequilibrium or How Complexity Science nearly killed America

2008-09-30 Thread PPARYSKI
PS did anyone answer Pete's question as to the identity of the creators of the financial market complexity models? Paul ** Looking for simple solutions to your real-life financial challenges? Check out WalletPop for the latest news and information, tips and calculators. (

Re: [FRIAM] Economic Disequilibrium or How Complexity Science nearly killed America

2008-09-30 Thread Phil Henshaw
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

[FRIAM] the thought process..

2008-09-30 Thread Phil Henshaw
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

[FRIAM] Slashdot | Stallman Says Cloud Computing Is a Trap

2008-09-30 Thread Owen Densmore
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

[FRIAM] Vote Obama or McCain: Global Electoral College | The Economist

2008-09-30 Thread Owen Densmore
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?!