http://rs.resalliance.org/2008/11/15/ken-arrow-financial-turmoil-is-a-challenge-to-economic-theory/ coping with ecological surprise in a human dominated world Thu, 11 Mar 2010 09:47:46 +0000 http://wordpress.org/?v=2.9.1 hourly 1 http://rs.resalliance.org/2008/11/15/ken-arrow-financial-turmoil-is-a-challenge-to-economic-theory/comment-page-1/#comment-203439 DUI Lawyers Online Sat, 22 Nov 2008 12:31:23 +0000 http://rs.resalliance.org/?p=726#comment-203439 Econophysics provides some insigth about the root cause of the meldown. For 97% percent of the population, market economy work as advised. Econophysics provides some insigth about the root cause of the meldown. For 97% percent of the population, market economy work as advised.

]]> http://rs.resalliance.org/2008/11/15/ken-arrow-financial-turmoil-is-a-challenge-to-economic-theory/comment-page-1/#comment-201326 Yvan Dutil Mon, 17 Nov 2008 04:08:56 +0000 http://rs.resalliance.org/?p=726#comment-201326 Econophysics provides some insigth about the root cause of the meldown. For 97% percent of the population, market economy work as advised. For those people, incomes are spread like a Gibbs-Boltzmann distribution, which extramely stable both theoricaly and experimentaly. However, for last 3% incomes follows a power law. This this part of the economics system which is unstable. Unfortunately for the implementation of any policies, this is where the weathiest membre of our society are. Econophysics provides some insigth about the root cause of the meldown. For 97% percent of the population, market economy work as advised. For those people, incomes are spread like a Gibbs-Boltzmann distribution, which extramely stable both theoricaly and experimentaly. However, for last 3% incomes follows a power law. This this part of the economics system which is unstable. Unfortunately for the implementation of any policies, this is where the weathiest membre of our society are.

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