eftychia: Me in kilt and poofy shirt, facing away, playing acoustic guitar behind head (Default)
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posted by [personal profile] eftychia at 05:25am on 2005-03-30

"While economists' models traditionally regard humans as rational beings who always make intelligent decisions, econophysicists argue that in large systems the behaviour of each individual is influenced by so many factors that the net result is random, so it makes sense to treat people like atoms in a gas." -- Jenny Hogan, explaining the work of Victor Yakovenko et. al, "Why it is hard to share the wealth", New Scientist, 2005-03-12

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