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Tag Archives: George Soros
Thoughts on unpredictability, reflexivity, and complexity of economic systems
Having in mind epistemological problems of mainstream economics, I cannot help returning to G. Soros’s philosophy of reflexivity. I tried to keep within this mental framework in my article “What is Missing in Microeconomics Textbooks”, dealing with economic expectations and … Continue reading
Modeling the US Housing Bubble of the 2000s
When an economic indicator or asset reveals a pattern of growing fast, defying economic fundamentals, and at some point falling abruptly and unpredictably, it is a bubble. Economic consequences of such kind of dynamics are usually negative, to put it … Continue reading
Andrew Zanegin's space 