Numbers: Bursting the bubble

22nd August 2003 at 01:00

A Mathematician Plays the Market
By John Allen Paulos
Penguin Books pound;12.99

What do you do if you've lost a packet gambling on the stock market, and you've been hiding your losses from your wife? To make matters worse, you've been swept up in a market bubble that people at the time identified as "the madness of crowds". And to crown it all, you're a professor of mathematics who has made an international name among students and readers for demystifying, explaining and applying rationality and mathematics to life.

The answer is, you write a book exploring the theory of markets, the limits to rationality, the role of chaos, and how small causes can have large effects.

Read more in this week's TES


nbsp;

Subscribe to get access to the content on this page.

If you are already a Tes/ Tes Scotland subscriber please log in with your username or email address to get full access to our back issues, CPD library and membership plus page.

Not a subscriber? Find out more about our subscription offers.
Subscribe now
Existing subscriber?
Enter subscription number

Comments

The guide by your side – ensuring you are always up to date with the latest in education.

Get Tes magazine online and delivered to your door. Stay up to date with the latest research, teacher innovation and insight, plus classroom tips and techniques with a Tes magazine subscription.
With a Tes magazine subscription you get exclusive access to our CPD library. Including our New Teachers’ special for NQTS, Ed Tech, How to Get a Job, Trip Planner, Ed Biz Special and all Tes back issues.

Subscribe now