Physics for financial markets
Thursday, January 27, 2011 - 10:30
in Mathematics & Economics
When regulating financial markets, physics may help. As a result of the financial crisis, many countries are trying to regulate their financial markets. Recently the heated debates about bonus taxes, a permanent levy on banks' balance sheets and a ban on short sales have taken another turn, with France's President Nicolas Sarkozy promoting a transaction tax. But are policy-makers doing the right thing? Or will they obstruct the self-regulating forces of the markets?
