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James Owen Weatherall, The Physics of Wall Street : A Brief History of Predicting the Unpredictable

James Owen Weatherall, The Physics of Wall Street : A Brief History of Predicting the Unpredictable Business Economics Vol. 48, No. 3 © National Association for Business Economics Book Reviews The Physics of Wall Street: A Brief era. He also defends the quants against the charges that History of Predicting the they were the genuine cause of the 2007–08 era financial meltdown. Unpredictable The story begins at the end of one era and the beginning of a new. Weatherall titles it “La Fin De Siecle, La Belle Epoque.” Lights dim, curtain opens, visualize the first episode of Downton Abbey in Eng- By James Owen Weatherall. 2013.Boston, land; in France the Moulin Rouge just opened; it’sthe MA: Houghton Mifflin Harcourt. Pp. 304. time of the Phantom of the Opera. We are transported to $27.00 hardcover. the ornate Paris Bourse, housed in the Palais Brongniart, built by Napoleon and emblematic of the grandeur of Business Economics (2013) 48, 203–204. empire. Our 20 something hero, Louis Bachelier, doi:10.1057/be.2013.17 bounds up the stairs and the door opens to the bedlam of the open outcry trading floor. He has just arrived from his military service to resume his education as either a mathematician or physicist. He is good with numbers, he Physics of Wall Street is an almost random walk http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Business Economics Springer Journals

James Owen Weatherall, The Physics of Wall Street : A Brief History of Predicting the Unpredictable

Business Economics , Volume 48 (3): 2 – Jul 1, 2013

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Publisher
Springer Journals
Copyright
2013 National Association for Business Economics
ISSN
0007-666X
eISSN
1554-432X
DOI
10.1057/be.2013.17
Publisher site
See Article on Publisher Site

Abstract

Business Economics Vol. 48, No. 3 © National Association for Business Economics Book Reviews The Physics of Wall Street: A Brief era. He also defends the quants against the charges that History of Predicting the they were the genuine cause of the 2007–08 era financial meltdown. Unpredictable The story begins at the end of one era and the beginning of a new. Weatherall titles it “La Fin De Siecle, La Belle Epoque.” Lights dim, curtain opens, visualize the first episode of Downton Abbey in Eng- By James Owen Weatherall. 2013.Boston, land; in France the Moulin Rouge just opened; it’sthe MA: Houghton Mifflin Harcourt. Pp. 304. time of the Phantom of the Opera. We are transported to $27.00 hardcover. the ornate Paris Bourse, housed in the Palais Brongniart, built by Napoleon and emblematic of the grandeur of Business Economics (2013) 48, 203–204. empire. Our 20 something hero, Louis Bachelier, doi:10.1057/be.2013.17 bounds up the stairs and the door opens to the bedlam of the open outcry trading floor. He has just arrived from his military service to resume his education as either a mathematician or physicist. He is good with numbers, he Physics of Wall Street is an almost random walk

Journal

Business EconomicsSpringer Journals

Published: Jul 1, 2013

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