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The Logic of Miracles

Making Sense of Rare, Really Rare, and Impossibly Rare Events

Laszlo Mero Márton Moldován David Kramer

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Hardback

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English
Yale University
17 April 2018
We live in a much more turbulent world than we like to think, but the science we use to analyze economic, financial, and statistical events mostly disregards the world's essentially chaotic nature. We need to get used to the idea that wildly improbable events are actually part of the natural order. The renowned Hungarian mathematician and psychologist Laszlo Mero explains how the wild and mild worlds (which he names Wildovia and Mildovia) coexist, and that different laws apply to each. Even if we live in an ultimately wild universe, he argues, we're better off pretending that it obeys Mildovian laws. Doing so may amount to a self-fulfilling prophecy and create an island of predictability in a very rough sea. Perched on the ragged border between economics and complexity theory, Mero proposes to extend the reach of science to subjects previously considered outside its grasp: the unpredictable, unrepeatable, highly improbable events we commonly call miracles.

By:  
Edited by:  
Translated by:  
Imprint:   Yale University
Country of Publication:   United States
Dimensions:   Height: 210mm,  Width: 140mm,  Spine: 25mm
Weight:   454g
ISBN:   9780300224153
ISBN 10:   030022415X
Pages:   288
Publication Date:  
Audience:   General/trade ,  ELT Advanced
Format:   Hardback
Publisher's Status:   Active

Laszlo Mero is a professor at the Institute of Psychology at Eoetvoes Lorand University and cofounder of the marketing firm Darwin's Marketing Evolution, Inc. He is the author of several books, including Moral Calculations.

Reviews for The Logic of Miracles: Making Sense of Rare, Really Rare, and Impossibly Rare Events

It's hard to see how miracles and math fit together. But if you accept L szl M r 's invitation, you will enter a world where miracles are normal and the predictable sits side-by-side with the unpredictable. Along the way, he unveils the mathematics of the stock market and explains, in a playful yet mathematically accurate way, the roots of market crashes and earthquakes, and why 'black swans' are not just calamities but opportunities. --Albert-L szl Barab si, author of Linked Engaging, accessible, yet consistently surprising, Laszlo Mero's The Logic of Miracles breaks new ground in the relationship of probability, fate, and the ability of human beings to behold them. --Douglas Rushkoff, author of Present Shock This is a masterpiece. Laszlo Mer , with intelligence and wisdom, summarizes knowledge of mathematics and statistics, philosophy and psychology, natural and social sciences, to explain the nature of 'miracles' of life. Scientific methods are explained brilliantly, spiked with anecdotes and dry humor. -- Erich Kirchler, University of Vienna, Austria


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