“A crack in the foundations” by Rick Bookstaber.

Once a year the Santa Fe Institute holds its risk meeting. This is hosted by Morgan Stanley at their New York headquarters. Ole Peters presented his work here, and Rick was very interested in the errors inKarl Menger’s famous 1934 paper that Ole had spotted and corrected. Rick wrote a great summary on his blog:
http://rick.bookstaber.com/2011/10/crack-in-foundation-error-that-has.html

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