"Cocktail party physics" nonsense: 1700s: Newtonian mechanics justifies the existing the social order 1950s: Relativity means everything in society is relative 1990s: Heisenberg means everything is uncertain 2010s: Entropy tells us that our society is headed for decline
2000s: fat tail distributions mean Wall Street has no culpability for the subprime mortgage crisis. #blackswans
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Wall Street was responding to government legislation that required them to approve bad loans. That's why there was a subprime mortgage crisis.
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