Creative New

Mathematics underlying the 2008 financial crisis, and a possible remedy.

Via arxiv.org

Via arxiv.org

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.

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Physicists sent two photons down optical fibers toward different destinations, and found that the photons could instantly sense each other’s behavior.

Via physorg.com

After performing multiple tests on two entangled photons, physicists have yet again found that the photons seem to be communicating faster than the speed of light – at least 100,000 times faster. The researchers hope that their results might encourage theorists to come up with new explanations for the strange quantum mechanical effect.
The physicists, led by Nicolas Gisin from the University of Geneva, arranged their experiment by sending two photons down fiber optic cables to detectors in two Swiss villages located 18 km apart. Both photons started in Geneva, with one heading toward Satigny and the other toward Jussy. The study, which is published in Nature, builds on previous tests published a few months ago in Physical Review Letters.

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