On Thu, Dec 2, 2010 at 6:15 AM, Max Sawicky <sawicky at verizon.net> wrote:
> Not too much on economics, more on finance.
>
> The implications of his work go against the grain
> of the usual micro theory, I would say because
> 'wild randomness' does not comport easily with
> rational choice, foresight, and optimization.
>
>
>
> On Thu, Dec 2, 2010 at 9:04 AM, Les Schaffer <schaffer at optonline.net> wrote:
>
>>
>> Max Sawicky wrote:
>> > After laboring through Mandelbrot's "The (Mis)behavior of Markets," about
>> > two-thirds of which I understood
>>
>> did he have anything interesting to say about markets and economics
>> beyond fractal this, fractal that?
>>
>> Les
>>
>>
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-- Michael Perelman Economics Department California State University Chico, CA 95929
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