22 bookmarks. First posted by bram april 2012.
It's not every day that someone writes down an equation that ends up changing the world. But it does happen sometimes, and the world doesn't always change for the better. It has been argued that one formula known as Black-Scholes, along with its descendants, helped to blow up the financial world.20120427_mathematics_finance_crisis_prediction_chaos_market_economy
april 2012 by Vacilando