Wall Street Crisis & Role of Physicist

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Wall Street Crisis & Role of Physicist

Scope and Nature of the Problem

In today's world, we have been suffering from the impacts of a recession for nearly four years now. Among the factors contributing to the start of this crisis, some contend that it was the physicists who supposedly ruined Wall Street. In a New York Times article from March of 2009 titled, “They Tried to Outsmart Wall Street,” writer Dennis Overbye constructs an argument that blames physicists and the models they used for the downfall of our economy. Overbye is only one of many who ...