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Re: [Pen-l] Benoit Mandelbrot and the wildness of financial markets: SciAm



Regarding Mandelbrot's condemnation of economists' appropriation of physics -- I covered some of the humorous history of the economists' machinations at becoming physics like in The Invisible Handcuffs. You will especially appreciate the exchange between Macleod and James Clerk Maxwell.

http://michaelperelman.wordpress.com/2009/03/16/physics-and-economics/


-- Michael Perelman Economics Department California State University Chico, CA 95929

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