Individual Choices that Lead to Stampeding Market Chaos

Expert just figured out why economists always fail to understand

From McAlvany Financial

It could be a a traffic jam at rush hour. It could be a fire in the theater. Modern day economists don’t even consider human behavior when it turns to gridlock and stampede, but Richard Bookstaber has figured out how to analyze the rush of individual actions that culminate with market chaos.

 

 

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