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lage surrounded on all sides by fire, of afterwards when you discover there isn't a tree standing for twenty miles in any direction. In this light, Cooper's suggestion that central banks should aim for a pattern of small business cycles is eminently sensible. Simply reducing leverage and excess liquidi
mp/econophysics/abstracts.html Clementi F, Gallegati M, 2005. Power law tails in the Italian personal income distribution. Physics A 350, 427-438. Cooper G, 2008. The origin of financial crises: Central banks, credit bubbles and the efficient market fallacy. London: Harriman House. Corbett _I, Jenkinso
otz 5, 2003. Statistical Size Distributions in Economics and Actuarial Sciences. New York: Wiley Kleidon A, Lorenz RD, (Eds), 2005. Non-equilibrium Thermodynamics and the Production of Entropy: Life, Earth, and Beyond. (Understanding Complex Systems) Springer, ISBN-10: 3540224955. Korajczyk R, Sadka R, 2006.
ciers, people such as Pettis, Shiller, Smithers, Cooper, Pepper & Oliver have then made insightful attemp
rmulae for entropy first discovered by Carnot two hundred years previously. This is recounted, entertainingly, in chapter three of 'Non-equilibrium Thermodynamics and the Production of Entropy: Life, Earth, and Beyond' [Kleidon & Lorenz 2005]. Despite the very rudimentary nature of the model, the model was abl
ology, Robert Heath, Tulane Medical School’s Gary Cooper-like charismatic chairman of the psychiatry depar
ess, San Diego, 1994. Toward a neuropsychopharmacologicy of habituation: a vertical integration. Arnold J. Mandell, Math. Modeling 7:809-888, 1986. Thermodynamics, Enrico Fermi, Dover, N.Y. 1956. Thermodynamics and Statistical Mechanics, Peter T. Landsberg, Dover, N.Y. 1978. Ergodic Theory, Symbolic Dynamics
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