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My efforts over the years had been successful to the extent, to take an example, that fractals made many mathematicians learn a lot about physics, bi… - Benoit Mandelbrot
" "My efforts over the years had been successful to the extent, to take an example, that fractals made many mathematicians learn a lot about physics, biology, and economics. Unfortunately, most were beginning to feel they had learned enough to last for the rest of their lives. They remained mathematicians, had been changed by considering the new problems I raised, but largely went their own way.
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About Benoit Mandelbrot
Benoît B. Mandelbrot (20 November 1924 – 14 October 2010) was a Poland-born French-American mathematician known as the "father of fractal geometry".
Biography information from Wikiquote
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Alternative Names:
Mandelbrot, B. B.
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Benoît Mandelbrot
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Benoit B. Mandelbrot
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Benoît B. Mandelbrot
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"In the end, he says, his goal is to make the financial system work better and more safely. If the real market worked liked FXTrade, costs would come down, liquidity would rise. "The world economy is like your body," he says. "Your heart pumps six liters of blood a minute, and so if you weigh eighty kilos it would take about fifteen minutes to pump your body's weight. By that analogy, the world foreign exchange markets should be transacting $40 trillion every ten minutes. Today we do $1 trillion or so in twenty-four hours. My claim is the global economy is close to a heart attack.
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