October 16, 2010 by staff
Benoit Mandelbrot, Hearing of the death of Benoit Mandelbrot sent me to the library to retrieve the behavior (mis) management contracts (which unfortunately seems to be exhausted in the United Kingdom) and fractal geometry of nature (ibid.). I do not remember when I read about the work of Mandelbrot and discovered the beauty of fractals. Not only create beautiful fractal pictures, it also seems true that obviously a mathematical description of nature. Certainly, Thomasina in Arcadia by Tom Stoppard thought:
“If there is an equation of a curve like a bell, there must be an equation for one like a bluebell, and if a bluebell, why not a rose? Do we believe the nature is written in numbers?”
I once interviewed for a program Madelbrot BBC radio, and he had a wonderful phrase: “. Hope for the regularity, but one lives in the rough “behavior (mis) management of contracts was published in 2004 and was prescient in its criticism of conventional financial economics and efficient markets theory in particular. (Naseem Taleb has long been a big fan of Mandelbrot.) Post-crisis, he rediscovered refund, although you might need to shop around to find a copy. In the meantime, here’s a video of John Authers of the FT interview Mandelbrot (aged 85 years at the time) in 2009.
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