Physicists On Wall Street And Other Essays On Science And Society
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Physicists On Wall Street And Other Essays On Science And Society
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Author : Jeremy Bernstein
language : en
Publisher: Springer Science & Business Media
Release Date : 2008-11-02
Physicists On Wall Street And Other Essays On Science And Society written by Jeremy Bernstein and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-11-02 with Science categories.
Over the years, Jeremy Bernstein has been in contact with many of the world’s most renowned physicists and other scientists, many of whom were involved in politics, literature, and language. In this diverse collection of essays, he reflects on their work, their personal relationships, their motives, and their contributions. Even for those people he writes about that he did not know personally, he provides important insights into their lives and work, and questions their character, their decisions, and the lives they led. In the first three essays, Professor Bernstein looks at economic theory and how some physicists who developed interesting economic models based on derivatives and hedge funds almost led to the country into bankruptcy. In later essays, he discusses a suspect visit to Poland by the great Heisenberg during the Nazi era, a visit that there is almost nothing written about. Included also are essays on ancient languages and a nuclear weapons program in South Africa that was supposedly dismantled. In one particularly humorous essay, he describes how an ill-conceived manned spaceship to be powered by an atomic bomb was being developed by some of the country’s most powerful intellects. The project never got off the ground. Dipping into these pages is like rummaging around in the mind of a genius who has a potpourri of interests and an abundance of fascinating experiences. Bernstein has not only rubbed elbows with some of the finest minds in world, he has worked and played with them. He has sometimes mourned with them and laughed at them. His sharp wit and even sharper analysis make for a fascinating read.
The Physics Of Wall Street
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Author : James Owen Weatherall
language : en
Publisher: Houghton Mifflin Harcourt
Release Date : 2013
The Physics Of Wall Street written by James Owen Weatherall and has been published by Houghton Mifflin Harcourt this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with Business & Economics categories.
A young scholar tells the story of the physicists and mathematicians who created the models that have become the basis of modern finance and argues that these models are the "solution" to--not the source of--our current economic woes.
The Physics Of Finance
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Author : James Owen Weatherall
language : en
Publisher: Hachette UK
Release Date : 2013-02-07
The Physics Of Finance written by James Owen Weatherall and has been published by Hachette UK this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-02-07 with Business & Economics categories.
A book which reveals the people and ideas on the cusp of a new era in finance... After the economic meltdown of 2008, many pundits placed the blame on "complex financial instruments" like derivatives, and the physicists and mathematicians who dreamed them up. But a young academic named James Owen Weatherall quickly began to question this narrative. Were the physicists really at fault? In this important and engaging book, Weatherall tells the story of how physicists came to Wall Street and how their ideas changed finance forever. Taking us from fin-de-siècle Paris to Rat Pack-era Las Vegas, from wartime government labs to Yippie communes, he shows how physicists successfully brought their science to bear on some of the thorniest problems in economics, from options pricing to bubbles. The trouble is that models-whether in science or finance-have limitations; they break down under certain conditions. And in 2008, sophisticated models fell into the hands of people who didn't understand their purpose, and didn't care. It was a catastrophic misuse of science. The solution, Weatherall argues in this brilliantly entertaining book, is not to give up on models; it is to simply make them better.
How The Hippies Saved Physics Science Counterculture And The Quantum Revival
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Author : David Kaiser
language : en
Publisher: W. W. Norton & Company
Release Date : 2011-06-27
How The Hippies Saved Physics Science Counterculture And The Quantum Revival written by David Kaiser and has been published by W. W. Norton & Company this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-06-27 with Science categories.
"How the Hippies Saved Physics gives us an unconventional view of some unconventional people engaged early in the fundamentals of quantum theory. Great fun to read." —Anton Zeilinger, Nobel laureate in physics The surprising story of eccentric young scientists—among them Nobel laureates John Clauser and Alain Aspect—who stood up to convention and changed the face of modern physics. Today, quantum information theory is among the most exciting scientific frontiers, attracting billions of dollars in funding and thousands of talented researchers. But as MIT physicist and historian David Kaiser reveals, this cutting-edge field has a surprisingly psychedelic past. How the Hippies Saved Physics introduces us to a band of freewheeling physicists who defied the imperative to “shut up and calculate” and helped to rejuvenate modern physics. For physicists, the 1970s were a time of stagnation. Jobs became scarce, and conformity was encouraged, sometimes stifling exploration of the mysteries of the physical world. Dissatisfied, underemployed, and eternally curious, an eccentric group of physicists in Berkeley, California, banded together to throw off the constraints of the physics mainstream and explore the wilder side of science. Dubbing themselves the “Fundamental Fysiks Group,” they pursued an audacious, speculative approach to physics. They studied quantum entanglement and Bell’s Theorem through the lens of Eastern mysticism and psychic mind-reading, discussing the latest research while lounging in hot tubs. Some even dabbled with LSD to enhance their creativity. Unlikely as it may seem, these iconoclasts spun modern physics in a new direction, forcing mainstream physicists to pay attention to the strange but exciting underpinnings of quantum theory. A lively, entertaining story that illuminates the relationship between creativity and scientific progress, How the Hippies Saved Physics takes us to a time when only the unlikeliest heroes could break the science world out of its rut.
Quantum Legacies
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Author : David Kaiser
language : en
Publisher: University of Chicago Press
Release Date : 2020-03-25
Quantum Legacies written by David Kaiser and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-03-25 with Science categories.
The ideas at the root of quantum theory remain stubbornly, famously bizarre: a solid world reduced to puffs of probability; particles that tunnel through walls; cats suspended in zombielike states, neither alive nor dead; and twinned particles that share entangled fates. For more than a century, physicists have grappled with these conceptual uncertainties while enmeshed in the larger uncertainties of the social and political worlds around them, a time pocked by the rise of fascism, cataclysmic world wars, and a new nuclear age. In Quantum Legacies, David Kaiser introduces readers to iconic episodes in physicists’ still-unfolding quest to understand space, time, and matter at their most fundamental. In a series of vibrant essays, Kaiser takes us inside moments of discovery and debate among the great minds of the era—Albert Einstein, Erwin Schrödinger, Stephen Hawking, and many more who have indelibly shaped our understanding of nature—as they have tried to make sense of a messy world. Ranging across space and time, the episodes span the heady 1920s, the dark days of the 1930s, the turbulence of the Cold War, and the peculiar political realities that followed. In those eras as in our own, researchers’ ambition has often been to transcend the vagaries of here and now, to contribute lasting insights into how the world works that might reach beyond a given researcher’s limited view. In Quantum Legacies, Kaiser unveils the difficult and unsteady work required to forge some shared understanding between individuals and across generations, and in doing so, he illuminates the deep ties between scientific exploration and the human condition.
The American Political Economy
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Author : Jacob S. Hacker
language : en
Publisher: Cambridge University Press
Release Date : 2021-11-11
The American Political Economy written by Jacob S. Hacker and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-11-11 with History categories.
Drawing together leading scholars, the book provides a revealing new map of the US political economy in cross-national perspective.
The Perfect Bet
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Author : Adam Kucharski
language : en
Publisher: Profile Books
Release Date : 2016-05-05
The Perfect Bet written by Adam Kucharski and has been published by Profile Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-05-05 with Mathematics categories.
Gamblers have been trying to figure out how to game the system since our ancestors first made wagers over dice fashioned from knucklebones: in revolutionary Paris, the 'martingale' strategy was rumoured to lead to foolproof success at roulette ; today, professional gamblers are using cutting-edge techniques to tilt the odds in their favour. Science is giving us the competitive edge over opponents, casinos and bookmakers. But is there such a thing as a perfect bet? The Perfect Bet looks beyond probability and statistics to examine how wagers have inspired a plethora of new disciplines - spanning chaos theory, machine learning and game theory - which are not just revolutionising gambling, but changing our fundamental notions about chance, randomness and luck. Explaining why poker is gaming's last bastion of human superiority over AI, how methods originally developed for the US nuclear programme are helping pundits predict sports results and why a new breed of algorithms are losing banks millions, The Perfect Bet has the inside track on any wager you'd care to place.
Nature
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Author : Sir Norman Lockyer
language : en
Publisher:
Release Date : 2008
Nature written by Sir Norman Lockyer and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Electronic journals categories.
Physics In The Twentieth Century Selected Essays
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Author : Victor Frederick Weisskopf
language : en
Publisher: Mit Press
Release Date : 1972
Physics In The Twentieth Century Selected Essays written by Victor Frederick Weisskopf and has been published by Mit Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1972 with Science categories.
This selection of essays covers a wide range of subjects connected with the physical sciences and their relation to human affairs. They are broadly conceived and directed to a generally interested audience rather than to specialists in particular areas. Some are written for the initiated, some are broad synopses of a branch of physics and are directed to the scientifically interested layman. Some deal with more philosophic questions such as Niels Bohr's ideas on complementarity, and others deal with the problems of science, ethics, and society. Hans Bethe writes as follows in the Foreword: "His summary articles on special topics are lucid and are 'popular scientific writing' at its best. The subject is made clear to physicists in other branches of physics and to the educated public by simplifying it, but without ever making a compromise with fundamental accuracy, as many popular writers on science do when they get enamored with their own imagery and forget the subject that they really want to explain. Viki's [Weisskopf's] main concern, as of most theoretical physicists, is the correct interpretation of the quantum theory.... This theme is already prominent in 1951 in his article 'Quantity and Quality in Quantum Physics.' Here he makes clear how a quantitative difference, such as the number of electrons of 6 in a carbon and 11 in a sodium atom, makes all the difference in the qualitative behavior of these two chemical elements. He also foresees, at this early time, some of the developments in biology related to DNA. "The summary article about electron theory (1949) is written essentially for physicists. He summarizes the great advances brought about by the renormalization theory which gives finite results for all observable quantities and is fundamental to modern field theory. His own field of nuclear physics is summarized in 'Problems of Nuclear Structure' (1961), in a simpler form in 'Nuclear Models' (1951). Weisskopf is always excited by important developments in physics even if he himself has not contributed. A major one of these [was described in] the 'Fall of Parity.' This article is a beautiful example of his ability to make things understandable without changing the essentials. In the 'Visual Appearance of Rapidly Moving Objects' he explains the discovery of Penrose that a rapidly moving object looks to us as it if had its natural shape and is not distorted by the Lorentz contraction as had previously been believed; in fact, without relativity theory it would look badly distorted. His 'How Light Interacts with Matter' is rich in new insights. "The theme is further developed in 'Physics in the Twentieth Century' and 'The Quantum Ladder.'... I don't know of any other place where the essential solidity of our world as governed by quantum theory is better explained, or the great richness of the phenomena caused by quantitative differences is shown with greater love." In addition to those mentioned above, the book includes a number of other essays. These concern physical theory (articles on the compound nucleus and on elementary particles), the human aspects of scientific research (articles on Niels Bohr and on Marie Curie), and biological theory (considerations of symmetry and function at the macromolecular level and of the quantum basis of organic reproduction). A final group of essays is concerned with such issues as the intrinsic value of science, the contributions of science to society, and scientific ethics. The latter is described by Bethe as "A most beautiful and concise statement of the scientist's creed."
Atom And Void
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Author : J. Robert Oppenheimer
language : en
Publisher:
Release Date : 2016-04-19
Atom And Void written by J. Robert Oppenheimer and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-04-19 with categories.
J. Robert Oppenheimer was one of the outstanding physicists of his generation. He was also an immensely gifted writer and speaker, who thought deeply about the way that scientific discoveries have changed the way people live and think. Displaying his subtlety of thought and expression as do few other documents, this book of his lectures discusses the moral and cultural implications of developments in modern physics. Originally published in 1989. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.