Tag Archives: financial crisis

The Great Mismatch: A Special Report on Jobs [ Audio Interview from The Economist ]

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Information Efficiency and Financial Stability

From the abstract: “The authors study a simple model of an asset market with informed and non-informed agents. In the absence of non-informed agents, the market becomes information efficient when the number of traders with different private information is large … Continue reading

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Can Math Beat Financial Markets? [ via Scientific American ]

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Can the Middle Class Be Saved? [ via Atlantic Monthly ]

As I read this article, I ended up just inserting the phase “market for legal services” when the author said something like “the economy” or “the middle class.”  In other words, the legal services industry has a number of the … Continue reading

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Visualizing the Wild Ride on Wall Street [ via FinViz.com]

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The Dodd Frank Visualization Collection (Art Exhibition) [ via FT Alphaville ]

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Law Job Stagnation May Have Started Before the Recession—And It May Be a Sign of Lasting Change [Via ABA Journal]

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The Hindsight Fallacy: The Real Reason It’s So Hard to Predict Bubbles [Via Slate]

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The Future Has Thicker Tails than the Past: Model Error As Branching Counterfactuals [ By Nassim Taleb ]

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Nassim Taleb “The Bed of Procrustes: Philosophical and Practical Aphorisms” [ from Charlie Rose]

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Modeling the Financial Crisis [ From Nature ]

This week’s issue of Nature offers two brief but meaningful articles on the financial crisis. Here are the abstracts: Financial Systems: Ecology and Economics (By Neil Johnson & Thomas Lux): “In the run-up to the recent financial crisis, an increasingly … Continue reading

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Financial Re-Engineering [Via MIT World]

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