Anti-capitalism campaigners have published a spoof edition of the Financial Times today as the prime minister, Gordon Brown, prepares to host next week’s G20 summit in London.The 12-page paper, complete with the slogan “We live on Financial Crimes” – a parody of the FT’s advertising strapline “We Live in Financial Times” – was handed out to commuters from dawn today at London’s Waterloo station.A full-colour replica of the “Pink ‘Un”, the paper features spoof British and international news. A pdf version, photos and videos are available at www.ft2020.com.The front-page splash announces that “Civilisation is ‘more or less unlikely to collapse this century’, world leaders warn, despite the inconvenience to companies from global carbon rationing”.
Economic law of increase of Kolmogorov complexity. Transition from financial crisis 2008 to the zero-order phase transition (social explosion)
V.P.Maslov:In Maslov (2003), a two level model of the occurrence of financial pyramid (bubbles) has been considered. We also considered the mathematical analogy of this model to Bose condensation. In the present paper, we explain why Ponzi schemes and bubbles result in a crisis in real economics. In Maslov (2005), the law of increase of entropy in financial systems, and consequently increase of Kolmogorov complexity, is formulated. If this law is broken, the financial system makes a phase transition to a different state. In Maslov (2005) the author considered a two level model of the zeroth-order phase transition which was interpreted in Maslov (2006) as an analog of social catastrophe. In the present paper we also examine this model.
