English: Benoît Mandelbrot at the EPFL, on the 14h of March 2007 (Photo credit: Wikipedia)
Here is the latest article from McKinsey Quarterly, the summary is Power Law works in the Economic field and the implications for policy choices are very serious to ignore. Just what Dr.Taleb, Mandelbrot and others have been saying for decades. Listen to the video below where Mandelbrot explains his theory… fascinating stuff!http://mitworld.mit.edu/flash/player/Main.swf?host=cp58255.edgefcs.net&flv=mitw-00235-mandelbrot-27nov01&preview=http://mitworld.mit.edu//uploads/mitwstill00235mandelbrot27nov01.jpg
