The Logic of Miracles: Making Sense of Rare, Really Rare, and Impossibly Rare Events (Hardcover)

The Logic of Miracles: Making Sense of Rare, Really Rare, and Impossibly Rare Events Cover Image
By Laszlo Mero, Marton Moldovan (Translator), David Kramer (Editor)
$27.50
On Our Shelves Now
1 on hand, as of Apr 18 5:45pm
(Economics)

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 L szl M rő 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, M rő proposes to extend the reach of science to subjects previously considered outside its grasp: the unpredictable, unrepeatable, highly improbable events we commonly call "miracles.

About the Author


László Mérő is a professor at the Institute of Psychology at Eötvös Loránd University and cofounder of the marketing firm Darwin's Marketing Evolution, Inc. He is the author of several books, including Moral Calculations.
Product Details
ISBN: 9780300224153
ISBN-10: 030022415X
Publisher: Yale University Press
Publication Date: April 17th, 2018
Pages: 288
Language: English
Front facade of University Press Books

From 1974, University Press Books has stoked the blaze of well over ten thousand minds on fire, carrying new scholarship published by the great university presses in the English-speaking world.

Since our founding, we've added quality fiction and creative non-fiction to our selection, without drfiting from our mission to showcase top new texts introduced by university presses.

Order from us. Visit us. Let well-wrought words churn and burn within.