Recently, in one of the current economic crisis disccusions, I saw a link to a Working Paper #666 from the Federal Reserve Bank of Minneapolis. At first I thought it's a prank. Well, the number alone sounds like some dark humor. Nope. It was not. I went...

Pardon for another non-technical post, but I thought it may be interesting. A friend of mine, a professor at the University of Texas, presented an article of his student, introducing some mathmatical theory explaining the roots of today crisis in economy...