Finance Moneyscience Quant

#Brexit Negotiations – John Nash’s notion of equilibrium is ubiquitous in economic theory, but a new study shows that it is often impossible to reach efficiently. https://t.co/Y2FDlSbBVY

The new help-to-buy scheme is nothing like the original Help to Buy, which was also an ill conceived scheme but not nearly so dangerous https://t.co/ax9lX69M4N

RT @DmitryOpines: 1/ A lot of economist mumbo jumbo in this article. Let's cut through it.

The central argument made is that over the last…

“The thing driving the hype is the realization that quantum computing is actually real… It is no longer a physicist’s dream-it is an engineer’s nightmare.” https://t.co/BcyamOmjcL

RT @j_bettany: “The thing driving the hype is the realization that quantum computing is actually real… It is no longer a physicist’s drea…

RT @jossgarman: "If Trump fails to fund the satellites, climate models, Arctic flights & other scientific investments needed to produce and…

RT @MilesKing10: Not content with lobbying politicians on behalf of their secret funders, the free-market ideologues of the IEA distribute…

Any similarity with Norway pretty much ends emphatically with Norway's Sovereign Wealth Fund which is worth approx $195,000 per citizen and more than $1 trillion overall.

https://t.co/BjErSp6whb

RT @financequant: A billion miles beyond the orbit of Pluto-a half of a light-day away from Terra-a semi-autonomous human artifact is explo…

Disaster capitalism on the European stage https://t.co/3SOBCQopwL

Cost of Brexit to UK economy running at £40bn a year.

https://t.co/rTQundVMPs

RT @financequant: Great example of the dangers of survivor bias. https://t.co/67C6v9PLGM

The Science of Flow Says Extreme Inequality Causes Economic Collapse

https://t.co/kZrD9q1S2V

UK retail will end up like that aisle in Lidl with a constantly changing selection of curious looking imported food – fun to browse but which you can never quite bring yourself to actually buy. https://t.co/IcKnM1pjce

RT @moneyscience: Heads up! MoneyScience has launched CryptAssets, a new community hub for #Cryptocurrency and #Blockchain. Check it out. h…

On the night of the Brexit referendum the British pound went into free fall, but while many watched with horror, a handful of hedge funds were making staggering profits. This is the story of the Brexit Big Short. https://t.co/bziJIWNtL7

A #TTIP-style trade deal with the US that included Investor-State Dispute Settlement, would ironically require the UK to compensate US firms for precisely the kind of trade disruption that a significant economic / political shock like #BrexitVote creates.

More on Investor-State Dispute Settlements here: https://t.co/kKuuI6x0JJ

RT @hgetson: Intel Offers AI Breakthrough in Quantum Computing. https://t.co/Fa94ry4A11 https://t.co/TEjtwLdJVd

Will someone (publicly) map currency and stock price variations against UK political events in the coming days? You can bet that insiders are making a packet from #Brexit turmoil.

@nigel_driffield @JackCoy4 @D_Blanchflower Is that true? Or was it the complexity of the financial instruments involved? Not sure even forensic accountants wld have understood the risk profiles. As it is complexity alone prob should have served as a warning. Did everyone just assume someone knew what they were doing?

The first study to calculate the economic impact of Arctic permafrost melt and reduced albedo.

https://t.co/ct4P5dZi0i

The economic arguments adopted by Britain and the US in the 1980s led to vastly increased inequality - and gave the false impression that this outcome was not only inevitable, but good

https://t.co/cLilG5ZV9a

Neven’s law states that quantum computers are improving at a “doubly exponential” rate. If it holds, quantum supremacy is around the corner. https://t.co/09DUS0trPf

Scalable quantum computing and the language of quantum error correction #quantumcomputing https://t.co/fzCZoz2h2Z

RT @JamesMelville: UK’s top trade partners (exports) 2018:

EU 🇪🇺$225.8bn
United States 🇺🇸 $64.4bn
China 🇨🇳 $27.5bn
Hong Kong 🇭🇰 $10.3bn
U…

So you want to know how traders make money from advanced knowledge of economic events? Take a look over the pond. https://t.co/7lctiNDpEe

#Econometrics - junk science with no relevance whatsoever to real-world economics. https://t.co/cvokzvDCke

@ArglesJon My theory is that hospital parking is a good use case for smart contract blockchain tech. Patients can be allocated specialised credits based on status & can distribute them as required. No market or secondary market permitted but a general pool where unused credits revert 1/2

If you're reading this remember that you are closer to having to use a food bank than you will ever be to being a billionaire.

Hedging their bets. Betfred owners make millions from company treating gambling addicts

https://t.co/rhUsmpoCUj

How Inequality Imperils Cooperation: A game theorist breaks down the effects of inequality https://t.co/HbcSwZ4Miw

RT @j_bettany: How Inequality Imperils Cooperation: A game theorist breaks down the effects of inequality https://t.co/HbcSwZ4Miw

Common Plots of Economic History

https://t.co/XzhzMvUAPZ

RT @moneyscience: Training Course – Machine Learning for Option Pricing, Calibration and Hedging with Jörg Kienitz and Nikolai Nowaczyk – J…

Move over @MartinSLewis – @BearGrylls now has some super financial advice for me!

⬇️ https://t.co/gnJ4JSAp1p

RT @nntaleb: Explain to me why we should spent taxpayer money to bailout companies (airlines) who spent their cash buying their own stock s…

Of course – Banks increase loan costs as debt threatens millions – https://t.co/It0VrhGiIE

RT @HENLEYDARREN: We’ve just announced a new @ace_national Emergency Response Package for the #Covid19 crisis: £160 million of investment f…

RT @GT270913: If you own a currently operating coal plant, economically your best bet is to close it and build a windfarm instead. https://…

Negative now. And the wells are still running. https://t.co/rfWLobtpFD

RT @EmanuelDerman: “Volatility is the propensity to continually change one’s current state, irrespective of the direction of the change.”
W…

Here's a slightly scary phrase to come out of the #cryptosphere. This is going to become a thing.

"a marketplace for loyalty"
https://t.co/cJV0H9yFNL

The UK's private debt crisis will make this recession so much worse

https://t.co/SJrCwT1dKd

"Economists have drastically underestimated the dangers of climate change, using assumptions that are simply ludicrous" – A new paper by @ProfSteveKeen dismantles the sanguine forecasts of many mainstream economists. https://t.co/AgJs2ZEGq5 #ClimateEmergency @XRBristol

Can someone give me a concrete example of what this means for trade in practice? Is it that goods coming in from EU or going out from Northern Ireland could effectively circumvent EU tariffs? https://t.co/caWvtUgl6N

“The future is going to be where trillions of quantum circuits are being executed every day on quantum hardware behind the scenes through these cloud-enabled services embedded in software applications.” https://t.co/0sXnLIisyp

RT @j_bettany: Here's a slightly scary phrase to come out of the #cryptosphere. This is going to become a thing.

"a marketplace for loyalt…

RT @Peston: Here is the EU Commission’s summary of what the free trade agreement confers on the UK compared with full EU membership. Much o…

By then the main players will have moved on into guilty obscurity, the missing funds will be harder to identify and the murkiness of the whole thing will be obscured further by economic emergency. Disaster capitalism is a thing. Some people treat chaos as a ladder.

RT @BusinessSchools: Quant School: Department of Mathematics – UCL – MSc Financial Mathematics – https://t.co/wH5efpyqKE – @MathematicsUCL…

RT @paulmasonnews: Big mea culpa from the FT: they were wrong on fiscal austerity. Great. All the years of leftists being ridiculed at Davo…

RT @NoMansSky: never in my 3 days of trading have I ever seen anything like this

Quantum Mechanics, Free Will and the Game of Life

https://t.co/UsJBaJXmhE

RT @ProfSteveKeen: Interview on the physics-blog Physical Attraction about the travesty that is Neoclassical climate change economics https…

A new thought experiment indicates that Quantum mechanics doesn't work without complex numbers.

https://t.co/erKemPaprp

"Mainstream economists reach mathematical conclusions about their model of the economy that they don’t like…and are then willing to make patently absurd assumptions to rescue their desired equilibrium conclusion." – . @ProfSteveKeen

https://t.co/TgBkqgaQU0

RT @ScienceNews: Today’s most advanced clocks keep time with an incredibly precise rhythm. But clocks’ precision comes at a price: entropy.…

"We’re learning that we can, in fact, build wormholes that stay open using simple quantum effects."

https://t.co/rpxDeswzQR

In the context of physics, metaphysics or sci-fi the idea that timelines diverge and quantum reality somehow splinters infinitely in Planck time is pretty cool I think. On the other hand… https://t.co/XiSTTGS33K

I'm rather pleased to have finally launched https://t.co/EPNtXjjHxI – a new resource focussed exclusively on coding for Quants.

https://t.co/z8iBow6UNI

#quant #quantfinance #programming

This is the kind of outcome you can expect from free-market capitalism. https://t.co/KZg2WrX709

Who doesn't think this will just drive up rental prices? Bad idea Keir.

https://t.co/xaAv0homSB

“Conspirituality is an ideology, but it’s also a financial racket and it’s also a way of being with other people.”

https://t.co/g8XsDdkHiY

Fantastic. I've just received (and accepted) an offer for a p/t role at The Institute of Money Laundering Prevention Officers (@IMLPO) – watch out financial crime. Here I come.

This is a new one to me. Quantum Chess. https://t.co/bJUB6vLnix

How Quantitative Easing increased Wealth Inequality

https://t.co/hJtYZkB4Kp

RT @IMLPO: The Institute Financial Crime and AML Digest: 25/2/22

https://t.co/eC5rXUxTHI

#RussiaUkraine #Sanctions #FinancialCrime #Legal…

“Rethinking the Theoretical Foundation of Economics”

Discussion: https://t.co/wzS62E2XpM

Paper: https://t.co/VwTib4om9A (pdf)

#Economics #EconTwitter

Cutting 20% of the civil service gets you £3.5bn less £X in unintended consequences due to lost services, false economies and 60k additional unemployed.

Estimated loss to fraud and error across all Covid-19 response measures. £15bn

https://t.co/UOzcDLZHRe

RT @EdConwaySky: 🧵
Something seriously odd is afoot in natural gas markets.
There's a BIG glut of gas in the UK.
Wholesale gas prices are t…

RT @IMLPO: "Bad behaviours that are present in our economic sphere are emerging with greater regularity in our politics and our public sphe…

Blimey. A bit of everything in here.

#computing #materialsscience #environment #energyefficiency
#opticalcomputing #graphene #QuantumComputing

https://t.co/MeDbas7SHw

RT @moneyscience: Academic economics, not exactly covering itself in glory. How often does this sort of thing happen?

https://t.co/788IIw…

Finite Resource Economics: What does life look like after resource depletion? 

https://t.co/Aedl13K2ob

"inherited family wealth is fast becoming.. the most important determinant of how well-off a person will be later in life.. 1 in 10 UK adults born in the 1980s.. will inherit… more than half as much money as the average person earns in a lifetime"

https://t.co/jWrwzFx2WS

Kwarteng plunges to record low.

https://t.co/P61yyAPMtF

The quickest way to make a buck? Crash the #pound, let your mates know beforehand and don't forget the quid pro quo.

https://t.co/CNok7LHd7l

RT @IMLPO: There's still time to register for The Institute Annual Conference:

"Innovation and Technology for AML and Financial Crime Prev…

Nothing is off the table:

https://t.co/j7ighKkR41

How about capping bankers' bonuses – pretty much the only thing that's left of Truss's plans.

https://t.co/wKDQu5nyHL