Friday, February 22, 2008

The Stimulus Strategy: Financial Page: The New Yorker

In the Latest issue of the New Yorker, James Surowiecki cited Charles Perrow's Normal Accident.” to explain the bond market turmoil.

It is interesting to see that a journalist cited an investigation of engineering systems by a sociologist to explain the financial market. Well, if we check the number of former engineers and sociologists working on the Street, it might not be surprising.

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