Showing posts with label natural science. Show all posts
Showing posts with label natural science. Show all posts
Sunday, August 05, 2012

Prediction Record of the US Federal Reserve: The Sun Will Come Out Tomorrow

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The US Federal Reserve’s supposed transparency has only been exposing their string of serial forecasting blemishes. Evan Solitas has been ...
Tuesday, May 15, 2012

Quote of the Day: Blinded by Science

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Even some from the mainstream gets it. Finance is often said to suffer from Physics Envy. This is generally held to mean that we in fin...
Tuesday, April 03, 2012

Video: Economics is Fun: Why Economics Isn't (Natural) Science

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Dr Madsen Pirie of Adam Smith Institute does a great job in explaining vivaciously why economics isn't (natural) science, which conventi...
Friday, November 11, 2011

Quote of the Day: Financial Markets will Never Be an Exact Science

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The factors that determine activity on the Exchange are innumerable, with events, current or expected, often bearing no apparent relation...
Thursday, November 03, 2011

Quote of the Day: Discontinuity

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Financial prices certainly jump, skip, and leap—up and down. In fact, I contend the capacity for jumps, or discontinuity, is the principa...

Flaws of Economic Models: Differentiating Social Sciences from Natural Sciences

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David Freedman of the Scientific American asks “ Why Economic Models Are Always Wrong ?” He gives the answer, The problem, of course,...
Wednesday, July 27, 2011

Cities, Mathematics and Human Action

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Below is an interesting talk by physicist Geoffrey West at the TED forum on Cities. Some points he makes; -It’s hard to kill a city. ...