Those who missed the gang of four anti-Econophysics paper might enjoy reading Cosma Shalizi's slow take from the canopy of the internet on it:
bactra.org/notebooks/517.…
I'll add to my above comment -- both Econophysics backing and the 'Gang of Four' memo were from Soros.
bactra.org/notebooks/517.…
I'll add to my above comment -- both Econophysics backing and the 'Gang of Four' memo were from Soros.
Why did Soros initially back Econophysics, and why did he kill his own baby?
Therein lies an interesting tale.
Therein lies an interesting tale.
One of the primary reasons he *killed* it was the work of John Angle, who determined that 'inequality' followed a beta distribution -- meaning, if you raise the mean level of wealth, you *necessarily* cause inequality and the 1%.
tl;dr -- The Great Society worked. It created...
tl;dr -- The Great Society worked. It created...
.. the very 1%
Being both Cause and Effect of the Occupy Wall Street movement was *too much troof*
So he pulled the plug and the party (Econophysics) ended.
An obvious, but untold story of 'The Open Society'
Damn Karl Popper. A sane society would have hung him.
Being both Cause and Effect of the Occupy Wall Street movement was *too much troof*
So he pulled the plug and the party (Econophysics) ended.
An obvious, but untold story of 'The Open Society'
Damn Karl Popper. A sane society would have hung him.
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