Remember me

Register  |   Lost password?

The Trading Mesh

January 2014

The Watchman’s Rattle – financial regulation in 2014

January 23, 2014 Comments (0)           

This article was originally published at the Fidessa blog, and is reproduced here with permission. By Steve Grob
In her excellent book, ‘The Watchman’s Rattle’, Rebecca Costa explains the tendency to substitute belief for science when problems become too complicated. The first sign of this is a cognitive threshold, or gridlock, where problems are just passed down from one generation to another with an increasing emphasis on treating short-term symptoms rather...