Bank’s Haldane borrows from science to explain systemic threats

domino-effect

Andrew Haldane, the executive director tasked with financial stability at the Bank of England, and Lord Robert May, a professor of ecology at Oxford University, on Thursday published an article in Nature, one of the leading scientific research journals, which highlights how the work of ecologists can be used in order to better understand the risks inherent in the dynamics of the financial system.

In the paper, Haldane and Lord May build on earlier work linking the relationship between complexity

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