I mentioned before about the allure that the scientific community has for economics, as it looks to model complex systems here and here. Even though it has been said by the people who have made the jump that a deep grounding in science theories of complexity does not necessarily mean success in understanding economic models, the curiosity is still there. Here is an event for people who are interested in understanding the invisible hand in terms of science: (continue reading…)

Yes, groundbreaking stuff you heard here second: (continue reading…)

I have written before how Seed Magazine’s last issue is dedicated to the idea that science can fix our economic problems. One particular article asks scientists and economists, “is Economics a science?” I have never really given it too much thought, because but the idea is intriguing, because if it was, we could do better to make it serve more people.
Related to that, Reader JC draws my attention to a NY Times article that looks at “quants” or people who practice quantitative finance, and their position in today’s financial world. Money quote: (continue reading…)