David Orrell
Writer, Mathematician ,
David Orrell is an applied mathematician and the author of many books, including Quantum Economics: The New Science of Money (2018) and Quantum Economics and Finance: An Applied Mathematics Introduction (2020). His latest book is Money, Magic, and How to Dismantle a Financial Bomb: Quantum Economics for the Real World (2022). He lives in Toronto.
Written by David Orrell
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Economics
Economics is quantum
Money and brains are both quantum phenomena – so it’s not surprising that economics is overdue for a quantum revolution
David Orrell
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Economics
A softer economics
Financial markets are entangled and uncertain. When will economists let go of physics envy to embrace the quantum revolution?
David Orrell
Economics is quantum
David OrrellThis is a response to a long chain of anonymous tweets from @TheTroubleWithEcons, which in turn was responding to this from Jo Michell:
@JoMicheII:
This strikes me as confused. We don’t need quantum physics to model heterogeneous interacting agents any more than computational biologists need it to model flocking birds.
@TheTroubleWithEcons:
1/ Thread of comments I made over on @JoMichell’s tweet. Might be useful to those without a quantum background trying to make sense of this Aeon article.
2/ It is confused in that the analogy with quantum physics is taken a little too far and too literally.
It’s not supposed to be an analogy. My argument i...