Wednesday, October 28, 2015

A New Paradigm....

These ideas are already in Play at the Academic Institutional Level....unfortunately Financial Planning and the retail investor are usually 10 -20 years behind...

Einstein commented on the two things.....and a more empirical scientific approach to economics (article)

Equilibrium Economics vs non-equilibrium Economics

"Some people claim that this economics is a special case of equilibrium economics, but actually the reverse is true. Equilibrium is a special case of non-equilibrium and hence complexity economics."

Modern Finance is a Special case of Modular-Finance

Calculus is a special case of Multivarate Calculus...

Classical Probability Theory is a Special Case of Quantum Probability Theory...

as equilibrium theory theory is a special case on non- equilibrium Theory...