The crash of 2008: A mathematician's view

Tuesday, December 9, 2008 - 04:49 in Mathematics & Economics

Markets need regulation to stay stable. We have had thirty years of financial deregulation. Now we are seeing chickens coming home to roost. This is the key argument of Professor Nick Bingham, a mathematician at Imperial College London, in an article published today in Significance, the magazine of the Royal Statistical Society.

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