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Edward Lorenz

Economics

Chaos Theory – Butterflies

13th February 2023 Going Postal 1822 Comments

On Dec 29th 1972 a paper was submitted to the American Association for the advancement of Science. The author, Edward Lorenz was an MIT professor of meteorology and the subject of the paper was:- Predictability; [more…]

Mathematics

Chaos Theory – Population Growth exhibiting odd behaviour

23rd January 2023 Going Postal 2363 Comments

Think for a moment about a field, half filled with rabbits. How can we figure out how many fluffy bunnies we’ll have in a year’s time? Let’s start by agreeing to use a population of [more…]

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