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Readings
Published on 13/06/10
by willpate
- The Politically Incorrect Guide to Ending Poverty
"In the 1990s, Paul Romer revolutionized economics. In the aughts, he became rich as a software entrepreneur. Now he’s trying to help the poorest countries grow rich – by convincing them to establish foreign-run 'charter cities' within their borders." - The Blame Game: Will Maths Apologize to Finance?
French mathematicians defend themselves: “The models worked perfectly well, even during the heart of the 2008 crisis. Each morning they predicted the amount that we would be losing during the day with great accuracy." - Why We're So Bad at Managing Risk
" the oil industry would do well to take two lessons from the aeronautics community. First: anything mechanical can and will break — and that includes back-up systems. Count on it. Second: expect the unexpected. And plan accordingly." - Twitter in 1935
- Recession 2.0 – Why Canada Won't Escape This Time
Government debt-to-GDP is at 82.5% and we have "the most overextended households among the top 20 developed nations" - The Problem with Derivatives, Quants, and Risk Management Today
An interesting interview with the man who trains more quants than anyone else on the planet, Paul Wilmott
That's it. What Next?
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