Thursday, November 04, 2004

Face-off

(from an interview with Benazir Bhutto at the Asia Times)

[atimes]: Islamic extremists have called for "death to America", with no room for compromise.
...
[atimes]: The US says "you are with us or against us" - all-out war with no compromise.

Bhutto replies:
'We need to counter such extremism [...]. In such moderation lies the harmony and well being of the world community. Moreover, we need to address unresolved political issues to prevent extremists from exploiting them [...].'


Game theory and politics are ever bedfellows.


Complexity and the Stock Market

A complex system view of why stock markets crash:

http://www.ess.ucla.edu/faculty/sornette/why_crash.asp#whycrash