Organic Mechanics

Nov 27 2009 The Financial Times

image

What do you call a financier in search of the iron laws of human behaviour? Answer: someone with a bad case of “physics envy”.

That is the peculiar psychological disorder diagnosed by Andrew Lo, a professor of financial engineering, as afflicting bankers and economists. Symptoms include a desperate search for the predictive certainty that comes from the hard sciences.

http://www.ft.com/cms/s/0/d0e6abde-dacb-11de-933d-00144feabdc0.html