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Transforming Our Economy

About This Collection

Inspired by the Capital Institute's Third Millennium Economy initiative, this collection highlights those voices - ecological economists, sociologist, finance professionals, environmentalists, community developers - advocating a restructuring of our economy to transition to a truly sustainable economic system.

Curated by mokiethecat

Quants: The Alchemists of Wall Street by Marije Meerman

Quants, the math and computer experts in finance, designed products that nearly crashed Wall Street. The credit crunch revealed our financial system's deep reliance on mathematical models attempting to quantify human economic behavior. Today, quants are at the forefront of another revolution: high-speed trading.

This raises crucial questions: What are the inherent risks of treating the economy as a complex machine? Can we truly control this model-based system, or have we created an uncontrollable entity?

This narrative delves into greed, fear, and randomness from the heart of Wall Street.

EarthSayer Marije Meerman

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