EconoFiction

Fundamentals of Algorithmic Markets: Liquidity, Contingency, and the Incomputability of Exchange

16 Jul , 2017  

 
 
Since the mid-2000s, financial markets have been subjected to an unprecedented critical scrutiny, particularly in light of ‘black swan events’ such as the supposedly unpredictable Global Financial Crisis, and algorithmic ‘accidents’ such as the Flash Crash of May 2010. Yet while the complexity of derivatives instruments and the rise of
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EconoFiction, PhiloFiction

Élie Ayache’s The Medium of Contingency – A Review

6 Sep , 2016  

Conclusion

To understand the statement “Time is money”, who should we ask: a taxi driver, who has lived and breathed its truth every day, or some greasy graduate student who has read lots and lots of Deleuze? Like it or not, Ayache is our taxi driver, and the difference ...

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