24 DEC 2013 by ideonexus

 The Web of Causation

...complex systems, such as financial markets or the Earth’s biosphere, do not seem to obey causality. For every event that occurs, there are a multitude of possible causes, and the extent to which each contributes to the event is not clear, not even after the fact! One might say that there is a web of causation. For example, on a typical day, the stock market might go up or down by some fraction of a percentage point. The Wall Street Journal might blithely report that the stock market move...
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Nigel Goldenfeld explains why the simplistic explanations for market movements so popular in the news media are also so ridiculous.

29 MAY 2012 by ideonexus

 Geologists VS Physicists on the Age of the Earth

Geologists have not been slow to admit that they were in error in assuming that they had an eternity of past time for the evolution of the earth's history. They have frankly acknowledged the validity of the physical arguments which go to place more or less definite limits to the antiquity of the earth. They were, on the whole, disposed to acquiesce in the allowance of 100 millions of years granted to them by Lord Kelvin, for the transaction of the whole of the long cycles of geological histor...
Folksonomies: physics geology
Folksonomies: physics geology
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Geologists argued for a much older Earth than the Physicists allowed for.