As scores of crises over the past century have shown, the stock market is manipulable and manipulated. The market is composed of human-made machines, which are
From the Nobel Prize-winning author of Thinking, Fast and Slow and the coauthor of Nudge, a revolutionary exploration of why people make bad judgments and how t
Recent developments in financial economics have included many explorations into market microstructure, that is, the internal functioning of markets and the ways
We often think of finance as a glamorous world, a place where investment bankers amass huge profits in gleaming downtown skyscrapers. There’s another side to
Noise has become a model of cultural and theoretical thinking over the last two decades. Following Hegarty's influential 2007 book, Noise/Music, Annihilating No