492 research outputs found

    Economics need a scientific revolution

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    I argue that the current financial crisis highlights the crucial need of a change of mindset in economics and financial engineering, that should move away from dogmatic axioms and focus more on data, orders of magnitudes, and plausible, albeit non rigorous, arguments.Comment: An edited version of this essay appeared in Natur

    Econophysics: Still fringe after 30 years?

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    Some personal reflections on the past and future of "econophysics", to appear in Europhysics NewsComment: 5 pages + references, 1 figur