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16414

Intractability of Financial Derivatives

A new result by Princeton computer scientists and economists shows a striking application of computer science theory to the field of financial derivative design. The paper is Computational Complexity and Information Asymmetry in Financial Products by Sanjeev Arora, Boaz Barak, Markus Brunnermeier, and Rong Ge…

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taoyue.com: Why I Never Hire Brilliant Men

The article below appeared in the February 1924 issue of The American Magazine , a mass-circulation magazine that transmitted the popular culture of the day to the households of America. The magazine boasted on its cover “More than 2,000,000 Circulation,” — quite impressive for a nation whose population numbered 106…