notes-finance-financeAndSociety

havent read this yet, toread:

"...there is a research to suggest that application of mathematics to finance has stabilized capital markets and resulted in lower costs to all participants [1][2].

1. Angel, James and Harris, Lawrence and Spatt, Chester S. (2010). Equity Trading in the 21st Century. Marshall School of Business Working Paper No. FBE 09-10. 2. Hendershott, T., & Riordan, R. (2009). Algorithmic trading and information. Manuscript, University of California, Berkeley. "

-- http://andrewgelman.com/2015/03/17/1980-math-olympiad-program-now/#comment-213986