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The Physics of Wall Street: A Brief History of Predicting the Unpredictable: Weatherall, James Owen
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The Physics of Wall Street: A Brief History of Predicting the Unpredictable: Weatherall, James Owen
The Physics of Wall Street is a groundbreaking book that reveals how physicists have revolutionized finance, successfully bringing their science to bear on some of the thorniest problems in economics.
The author, James Weatherall, takes readers on a fascinating journey from fin-de-siècle Paris to Rat Pack-era Las Vegas, and from wartime government labs to Yippie communes on the Pacific coast, showcasing how physicists have successfully applied their knowledge to create better models for predicting stock market crashes and bubbles.
The book provides a compelling argument that the solution to the 2008 crisis is not to give up on models but to make them better, by highlighting the people and ideas on the cusp of a new era in finance.
With its riveting history and accessible writing style, The Physics of Wall Street is an essential read for anyone looking to understand how science can be used to improve our economic future.
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