{"product_id":"forecast-what-physics-meteorology-and-the-natural-sciences-can-teach-us-about-economics","title":"Forecast: What Physics, Meteorology, and the Natural Sciences Can Teach Us About Economics","description":"Picture an early scene from The Wizard of Oz: Dorothy hurries home as a tornado gathers in what was once a clear Kansas sky. Hurriedly, she seeks shelter in the storm cellar under the house, but, finding it locked, takes cover in her bedroom. We all know how that works out for her.\n\nMany investors these days are a bit like Dorothy, putting their faith in something as solid and trustworthy as a house (or, say, real estate). But market disruptions--storms--seem to arrive without warning, leaving us little time to react. Why are we so often blindsided by these things, left outdoors with nothing but our little dogs? More to the point: how did Kansas go from blue skies to tornadoes in such a short time?\n\nIn this deeply researched and piercingly intelligent book, physicist Mark Buchanan shows how a simple feedback loop can lead to major consequences, the kind predictable by mathematical models but hard for most people to anticipate. From his unique perspective, Buchanan argues that our basic assumptions about economic markets--that they are for the most part stable, with occasional interruptions--are simply wrong. Markets really act more like the weather: a brief heat wave can become a massive storm in a matter of a few days, or even hours.\n\nThe Physics of Finance reimagines the basics of how economics, with consequences that affect everyone.\u003cbr\u003eASIN: 1608198510\u003cbr\u003eVSKU: BVV.1608198510.G\u003cbr\u003eCondition: Good\u003cbr\u003eAuthor\/Artist:Buchanan, Mark\u003cbr\u003eBinding: Hardcover\u003cbr\u003e\u003cb\u003eNote:\u003c\/b\u003e Any images shown are stock photographs and product may differ from what is shown.  \u003cbr\u003e\u003cb\u003eCondition Notes\u003c\/b\u003e: The item shows wear from consistent use, but it remains in good condition and works perfectly. All pages and cover are intact  including the dust cover, if applicable . Spine may show signs of wear. Pages may include limited notes and highlighting. May NOT include discs, access code or other supplemental materials.  \u003cbr\u003e","brand":"Blue Vase Books","offers":[{"title":"Default Title","offer_id":43577441615933,"sku":"BVV.1608198510.G","price":7.03,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0589\/4225\/9261\/files\/1608198510-0.jpg?v=1788645652","url":"https:\/\/www.bluevasebooks.com\/products\/forecast-what-physics-meteorology-and-the-natural-sciences-can-teach-us-about-economics","provider":"Blue Vase Books","version":"1.0","type":"link"}