The Physics of Finance

Defending economists — from themselves

Economists need to stand up to economists who give their field a bad name

I am on occasion a fairly harsh critic of modern economics, for many reasons. I think economists use the concept…

Economic orthodoxy is going down

… even if most economists don’t yet know it

Over the past few years of blogging, I’ve spent a fair bit of time — too much time — perusing the blogs and research papers of mainstream economists, especially in…

How to consistently beat the markets: solid evidence

A new study documents predictable patterns in market movements, patterns which have persisted for 200 years. No, the markets are not efficient

Democracy? That WAS a nice experiment

Why democracy is heading for extinction… get ready for elite economic domination

If you grow up in the U.S., you hear from every direction — from the press, in school, from your…

Why high alcohol consumption is optimal for humans

From Paul Pfleiderer, a brilliant demolition of the way economists create, use and defend their models

Taxis 2.0: Streamlining city transport with graph theory

Big city taxi systems could be 40% more…

Random oblivious transfer: is quantum secured finance almost a reality?

Why quantum cryptography could soon play a role in our financial lives