by James Owen Weatherall · Editorial Ariel · tapa blanda · ISBN 9788434411937
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After the outbreak of the 2008 crisis, many experts pointed to the complex financial instruments and the mathematicians and physicists who created them as the culprits. This book tells how scientists arrived on Wall Street in the early eighties and how their ideas transformed finance forever. James Owen Weatherall explains how investment banking began hiring scientists to deal with the most thorny mathematical questions, from stock prices to the detection of possible bubbles. In 2008, sophisticated financial models fell into the hands of people who did not know their use and purpose, a fact of dire consequences.
