The Money Formula: Dodgy Finance, Pseudo Science, and How Mathematicians Took Over the Markets

Explore the deadly elegance of finance's hidden powerhouse



The Money Formula takes you inside the engine room of the global economy to explore the little-understood world of quantitative finance, and show how the future of our economy rests on the backs of this all-but-impenetrable industry. Written not from a post-crisis perspective-but from a preventative point of view-this book traces the development of financial derivatives from bonds to credit default swaps, and shows how mathematical f...