Wednesday, March 6, 2019

Flux and The ReThinking of Capitalism...

The FluxVille Times and Complexity Economics

It's understanding that the economic world, like parts of the physical world, is described by non-linear dynamic systems in which outcomes are heavily influenced by quite small changes in initial conditions. So there is no equilibrium, but just constant evolution and change. The whole mathematics of complexity, which has mushroomed over the last 20 years, has been about understanding the development of these types of systems.

Saturday, August 18, 2018

MFiM...

Being Locked into a Single View is fatal in an economy where reversion to the mean and competition constantly dismantles old strategies.

"People talk about traits that make good investors and business leaders. They're usually skills that push you in the same direction: Intelligence and patience, creativity and ingenuity, leadership and charisma. But lasting results often requires traits that are polar opposite to each other, like unwavering conviction and the ability to move on from an idea when its time is up. "Strong beliefs, weakly held," the saying goes. Easier said than done.

Hat tip ~ Morgan Housel, The Trajectory of Great Ideas








Monday, August 6, 2018

What has Changed is the Rate of Change...

To be successful in today's environment....Today's Markets require forward-looking research vs Backward looking Market research...

The Times They are 'Changin...

Today, most of the public is unaware that we are in the midst of a moment of new understanding. In recent decades, a revolution has taken place in our scientific and mathematical understanding of the systemic nature of the world we inhabit....

Saturday, August 4, 2018

New Models Wanted...

It's Time for new Economic Thinking Based on the best Science Available, Not Ideology

Ht Tip ~ Evonomics


If 2008 was the year of the financial crash, 2016 was the year of the political crash.