WATCH out, here come the econophysicists! OK, so they may not come from a
branch of science you’ve heard of, but you soon will if the physicists now
invading the quasiscience of economics have anything to do with it. Not to make
money, of course, but with that usual physicist’s hubris that they can explain
the world more simply than everyone else.
And, judging by the work of two Parisian econophysicists, they are making a
controversial start at tearing up some perplexing economics and reducing them to
a few elegant general principles—with the help of some serious mathematics
borrowed…
