6 quotes
Unfortunately, the world has not been designed for the convenience of mathematicians.
The (Mis)Behavior of Markets (2004)
Contrary to popular opinion, mathematics is about simplifying life, not complicating it.
The (Mis)Behavior of Markets (2004)
Given the profits he and Pharaoh must have made, one might call Joseph the first international arbitrageur.
The (Mis)Behavior of Markets (2004)
It is beyond belief that we know so little about how people get rich or poor, about how it is they come to dwell in comfort and health or die in penury and disease.
The (Mis)Behavior of Markets (2004)
So limited is our knowledge that we resort, not to science, but to shamans. We place control of the world's largest economy in the hands of a few elderly men, the central bankers.
The (Mis)Behavior of Markets (2004)
People want to see patterns in the world. It is how we evolved. We descended from those primates who were best at spotting the telltale pattern of a predator in the forest, or of food in the savannah. So important is this skill that we apply it everywhere, warranted or not.
The (Mis)Behavior of Markets (2004)