Behavior Quote by Benoit Mandelbrot

When I first began studying prices, it wasn't a topic that mathematicians were working on. Purely by accident, I saw a set of data…

— Benoit Mandelbrot

“Egypt was rich in copper ore, which, as the base of bronze, had been valuable through the entire Meditarranean world. By 1150 B.C., however,…

— Norman F. Cantor

“Who is sitting on a commodity without recognizing its complete potential? How do technological developments or political events such as wars affect the demand…

— Daniel Ammann

“There was no money economy in Egypt, and all exchange of goods was carried out by barter. Each citizen paid a tax in kind…

— Norman F. Cantor

It's like simulating earthquakes: we can over and over study a bubble, crash, bubble, crash. Then we can see mathematically if there's some regular…

— Colin Camerer

“It seems unrealistic that Egypt can long maintain its historical hegemony over the waters of the Nile at the expense of widespread poverty, malnutrition,…

— Steven Solomon

“Profit is so very fluctuating that the person who carries on a particular trade cannot always tell you himself what is the average of…

— Adam Smith

“How can you measure progress if you don't know what it costs and who has paid for it? How can the "market" put a…

— Arundhati Roy

A commodity producer should be comfortable being exposed to prices.

— Harold Hamm

“At that time, a grand Arabic project emanating from Cairo had credibility. That is not true today. The relative standing of Egyptians (the country,…

— Tarek Osman

If you look at the Nile on a map of Egypt, you don't think it has moved very much, but the river is very…

— Sarah Parcak

There is a state that is able to understand the demand in the economy. That state should use prices as an instrument for implementation…

— Anatoly Chubais