Category Archives: Information and systems

Regulating complexity I: Ashby, Perrow, Haldane

The word “complexity” is being used a lot lately in discussions of the financial system, particularly when it comes to regulation. The severity of the financial crisis seems to have opened a space for new ideas about the relationship between … Continue reading

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Sentiment should not be the new horizon in journalism

Cross-posted at mathbabe.org. Nate Silver’s high-profile success in predicting the 2012 election has triggered a wave of articles on the victory of data analysts over pundits. Cathy has already taken on the troubling aspects of Silver’s celebrity, so I’d like … Continue reading

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Regulating systemic risk

The Hansen framework I offered in the last post remains a good starting point for thinking about sources of systemic risk, and points to some of the problems regulators face in regulating systemic risk. This is not to say that … Continue reading

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Defining systemic risk

Systemic risk is a big topic these days for obvious reasons – the near collapse of the financial system has had profoundly bad effects on people around the world, and its continued instability is a major source of concern. Finding … Continue reading

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Do we really want safeguards?

With the benefit of some time to think things through, I wanted to take a stab at talking about the point I didn’t address in my prior post about open data, namely on the possibility of developing appropriate safeguards for … Continue reading

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Open data and the emergence of data philanthropy

Cross posted at mathbabe. I’m a bit late to this conversation, but I was reminded by Cathy’s post over the weekend on open data – which most certainly is not a panacea – of my own experience a couple of … Continue reading

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Experts and clay feet

There have been a series of rapid-fire implosions in the careers of a particular sector of the media here in the U.S. in recent months. The hardest hit have been those who play the role of the informed translator, the … Continue reading

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