The Logic of Miracles
Making Sense of Rare, Really Rare, and Impossibly Rare Events
Published on 17. April 2018
Book
Hardback
288 pages
978-0-300-22415-3 (ISBN)
Description
We live in a much more turbulent world than we like to think, but the science we use to analyze economic, financial, and statistical events mostly disregards the world's essentially chaotic nature. We need to get used to the idea that wildly improbable events are actually part of the natural order. The renowned Hungarian mathematician and psychologist Laszlo Mero explains how the wild and mild worlds (which he names Wildovia and Mildovia) coexist, and that different laws apply to each. Even if we live in an ultimately wild universe, he argues, we're better off pretending that it obeys Mildovian laws. Doing so may amount to a self-fulfilling prophecy and create an island of predictability in a very rough sea. Perched on the ragged border between economics and complexity theory, Mero proposes to extend the reach of science to subjects previously considered outside its grasp: the unpredictable, unrepeatable, highly improbable events we commonly call "miracles."
Reviews / Votes
"It's hard to see how miracles and math fit together. But if you accept Laszlo Meroe's invitation, you will enter a world where miracles are normal and the predictable sits side-by-side with the unpredictable. Along the way, he unveils the mathematics of the stock market and explains, in a playful yet mathematically accurate way, the roots of market crashes and earthquakes, and why 'black swans' are not just calamities but opportunities."-Albert-Laszlo Barabasi, author of Linked"Engaging, accessible, yet consistently surprising, Laszlo Mero's The Logic of Miracles breaks new ground in the relationship of probability, fate, and the ability of human beings to behold them."-Douglas Rushkoff, author of Present Shock
"This is a masterpiece. Laszlo Meroe, with intelligence and wisdom, summarizes knowledge of mathematics and statistics, philosophy and psychology, natural and social sciences, to explain the nature of 'miracles' of life. Scientific methods are explained brilliantly, spiked with anecdotes and dry humor."- Erich Kirchler, University of Vienna, Austria
More details
Language
English
Place of publication
United States
Product notice
Cloth over boards
Illustrations
23 b-w illus.
Dimensions
Height: 210 mm
Width: 140 mm
Thickness: 25 mm
Weight
454 gr
ISBN-13
978-0-300-22415-3 (9780300224153)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions
Laszlo Mero | David Kramer
Logic of Miracles
Making Sense of Rare, Really Rare, and Impossibly Rare Events
E-Book
04/2018
1st Edition
De Gruyter
€18.18
Available for download