@jckhewitt Smartest, most reliable people in the world still never could design or manage an economy.
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@jckhewitt I'm thinking in particular of derivatives, where there still seems to be a need for an analogue of 'insurable interest'1 reply 0 retweets 0 likes -
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@jckhewitt My knowledge of finance is pretty abstract--I come at it from the insurance & mathematical sides--but I'm not just hand-waving.2 replies 0 retweets 0 likes -
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@jckhewitt etc. etc. can't distinguish good from bad at the mathematical level, needs some kind of professional standard that's lacking.3 replies 0 retweets 0 likes -
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@jckhewitt With insurance there's a natural alignment of interests between insurer and insured; under a properly designed contract...
7:06 PM - 17 Oct 2013
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. Banned in Sweden. SubGenius, Zhuangist, white-hat troll. Defrocked mathematician. Brain problems.