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The formula that changed the world
The Midas Formula - In this week's More or Less: The story of Black-Scholes, the equation that transformed Wall Street – and the arguments over whether it made the world a or...
The Midas Formula - In this week's More or Less: The story of Black-Scholes, the equation that transformed Wall Street – and the arguments over whether it made the world a better place, or helped cause the financial mess we have all been dealing with for the past five years.
This programme was first broadcast on the ´óÏó´«Ã½ World Service.
Podcast
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More or Less: Behind the Stats
Tim Harford investigates numbers in the news: are they always reliable?