In geology, Richter’s magnitude scale is a measure of the strength of earthquakes. Magnitudes are interesting metrics, as they exhibit nonlinear scale behavior. While magnitude 3 quakes would rarely cause damage, magnitude 9 events would lead to severe destruction around
Since the 1970’s, international trade has continuously been promoted by leaders of developed countries and economic agents. Several theoretical frameworks have been put forward to explain the benefits of a free trade environment, from Adam Smith’s concept of absolute advantages
It has been a long time since I wrote my last piece about the market. And as I am not a specialist of the bond market, I will stick to the equities and the “stocks only go up” narrative. One
“Beyond a critical point within a finite space, freedom diminishes as numbers increase. This is as true of humans as it is of gas molecules in a sealed flask. The human question is not how many can possibly survive within the
I have received interesting questions about concepts like econophysics and self-organized criticality. As I plan to dedicate a future article to that new discipline named “econophysics”, the focus of the present post will be set on complex systems, nonlinear dynamics
The past five days have been unique as we have seen something that no one would have imagined before. A mob of retail traders (aka “WallStreetBets”), interacting on social media platforms like Reddit, and willing to “exterminate” hedge funds by
“What more can I do?” In 1990, this mere question asked by to David Evans (aka “The Edge”) to Larry Mullen Jr almost led to the split of U2, one the most famous rock bands of the past forty years.
Dear readers, Above all, I wish everyone a happy new year 2021. After ten months of pandemic, curfews, and lockdowns, I am sure that we all want our lives back soon. Hopefully, vaccines may drive a form of “return to
2020 is about to end. And it has been a year that we will never forget. Whoever you are, whatever your job or personal situation, this pandemic is very likely to have impacted your life. Fortunately, the dramatic sanitary situation
Many people do worry about the impact of quantitative easing and infinite bailouts policies. But many of them believe that authorities do not really have the choice. “Is there any alternative?” That is the right question. As already explained in