Why the flash crash really matters

Why the flash crash really matters
- April 23, 2015
- An article by Jim Weatherall, logic and philosophy of science associate professor, is featured in Nautilus Apr. 23, 2015
From Nautilus:
The Flash Crash reveals that we need a fundamentally different understanding of how
modern financial markets work. We believe that it shows us that markets are governed
by the same principle as earthquakes and avalanches: self-organized criticality. …
James Owen Weatherall is an associate professor at the University of California, Irvine,
and author of The Physics of Wall Street.
For the full story, please visit http://nautil.us/issue/23/dominoes/why-the-flash-crash-really-matters.
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