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View Diary: Overnight News Digest: "Old Before Your Time" Edition (51 comments)

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  •  book review (8+ / 0-)

    looks interesting:
    The 17 Equations That Changed The Course Of Humanity  

    Mathematician Ian Stewart's recent book "In Pursuit of the Unknown: 17 Equations That Changed the World" takes a close look at some of the most important equations of all time.

    A great example of the human impact of math is the financial crisis. Black Scholes, number 17 on this list, is a derivative pricing equation that played a role.

    "It’s actually a fairly simple equation, mathematically speaking," Professor Stewart told Business Insider. "What caused trouble was the complexity of the system the mathematics was intended to model."

    Numbers have power. In this case, people depended on a theoretical equation too seriously and overreached its assumptions.

    Without the equations on this list, we wouldn't have GPS, computers, passenger jets, or countless inventions in between.

    i read a few different survey of science info books last year.  really liked Napoleon's Buttons, and hope to get to disappearing spoon this year.  

    Ted Kennedy: “The work goes on, the cause endures, the hope still lives, and the dream shall never die…”

    by jlms qkw on Tue Jan 22, 2013 at 09:43:32 PM PST

    •  great stuff - thank you (4+ / 0-)
      Recommended by:
      jlms qkw, wader, hazey, JML9999

      fascinating books

      There are ways to discriminate and get away with it: Tom Hofeller draws “exceptionally smart” redistricting maps. His objective is to "design wombs for the GOP team and tombs for the other guys,” Draper wrote.

      by anyname on Wed Jan 23, 2013 at 04:28:28 AM PST

      [ Parent ]

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