Physics

Economics is sometimes accused of physics envy, and this note will do nothing to dispel that.  Halloween is months away, but pumpkin seeds on my wife’s farm have been and continue to be sown.  Meanwhile, strange tales are coming from the University of Rochester New York where quantum physicists are experimenting with small building blocks of reality called particles, helping con

A few days ago, the president of the Federal Reserve Bank of Minneapolis, Neel Kashkari, was interviewed by Bloomberg radio, and I happened to be listening.  In the interview, he referenced a dark matter metaphor used by John Williams, the president of the Federal Reserve Bank of New York.  Atlas searched for the speech or interview in which Mr.

What causes the daily fluctuations in stock markets can seem confusing.  There’s a reason for that.  They are confusing.  From moment to moment, prices can change on a dime without any apparent cause.  It reminds me of a concept in quantum mechanics called Wave Function Collapse.