{"id":587,"date":"2009-02-01T11:58:15","date_gmt":"2009-02-01T15:58:15","guid":{"rendered":"https:\/\/freedom24.org\/rationalpost\/?p=587"},"modified":"2009-12-11T00:01:38","modified_gmt":"2009-12-11T04:01:38","slug":"synchronicity-panic-financial-crisis","status":"publish","type":"post","link":"https:\/\/freedom24.org\/rationalpost\/synchronicity-panic-financial-crisis\/","title":{"rendered":"synchronicity"},"content":{"rendered":"<p><em>This TED talk by mathematician Steven Strogatz &#8220;shows how flocks of creatures (like birds, fireflies and fish) manage to synchronize and act as a unit when no one&#8217;s giving orders&#8221;. The parallels to market behavior and financial panic are implicit but obvious. We often perceive of our decisions during a crisis as unique and self-preservational, but the tendency toward spontaneous order is a powerful impulse. Coordinated reaction to natural threats, be it a hungry seal or predator hawk, can often increase a group&#8217;s biological fitness and probility of survival, while a coordinated reaction to financial crises can actually <a href=\"http:\/\/www.slate.com\/id\/2200392?wpisrc=newsletter\" target=\"_blank\">amplify individual risk<\/a> \u00e2\u20ac\u201c like Strogatz&#8217;s example of <a href=\"http:\/\/www.sciencedaily.com\/releases\/2005\/11\/051103080801.htm\" target=\"_blank\">London&#8217;s Millenium Bridge<\/a> \u00e2\u20ac\u201c and only make matters worse&#8230;<!--more--><br \/>\n<\/em><\/p>\n<p><object classid=\"clsid:d27cdb6e-ae6d-11cf-96b8-444553540000\" width=\"446\" height=\"326\" codebase=\"http:\/\/download.macromedia.com\/pub\/shockwave\/cabs\/flash\/swflash.cab#version=6,0,40,0\"><param name=\"allowFullScreen\" value=\"true\" \/><param name=\"wmode\" value=\"transparent\" \/><param name=\"bgColor\" value=\"#ffffff\" \/><param name=\"flashvars\" value=\"vu=http:\/\/video.ted.com\/talks\/embed\/StevenStrogatz_2004-embed_high.flv&amp;su=http:\/\/images.ted.com\/images\/ted\/tedindex\/embed-posters\/StevenStrogatz-2004.embed_thumbnail.jpg&amp;vw=432&amp;vh=240&amp;ap=0&amp;ti=422\" \/><param name=\"src\" value=\"http:\/\/video.ted.com\/assets\/player\/swf\/EmbedPlayer.swf\" \/><param name=\"bgcolor\" value=\"#ffffff\" \/><param name=\"allowfullscreen\" value=\"true\" \/><embed type=\"application\/x-shockwave-flash\" width=\"446\" height=\"326\" src=\"http:\/\/video.ted.com\/assets\/player\/swf\/EmbedPlayer.swf\" flashvars=\"vu=http:\/\/video.ted.com\/talks\/embed\/StevenStrogatz_2004-embed_high.flv&amp;su=http:\/\/images.ted.com\/images\/ted\/tedindex\/embed-posters\/StevenStrogatz-2004.embed_thumbnail.jpg&amp;vw=432&amp;vh=240&amp;ap=0&amp;ti=422\" bgcolor=\"#ffffff\" wmode=\"transparent\" allowfullscreen=\"true\"><\/embed><\/object><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This TED talk by mathematician Steven Strogatz &#8220;shows how flocks of creatures (like birds, fireflies and fish) manage to synchronize and act as a unit when no one&#8217;s giving orders&#8221;. The parallels to market behavior and financial panic are implicit but obvious. We often perceive of our decisions during a crisis as unique and self-preservational, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_s2mail":"","footnotes":""},"categories":[31,2,1,7],"tags":[57,47,77,60,76,75,68],"class_list":["post-587","post","type-post","status-publish","format-standard","hentry","category-featured","category-finance-economics","category-other","category-science-technology","tag-behavioral","tag-contagion","tag-nature","tag-networks","tag-science","tag-synchronicity","tag-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>synchronicity - The Rational Post<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/freedom24.org\/rationalpost\/synchronicity-panic-financial-crisis\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"synchronicity - The Rational Post\" \/>\n<meta property=\"og:description\" content=\"This TED talk by mathematician Steven Strogatz &#8220;shows how flocks of creatures (like birds, fireflies and fish) manage to synchronize and act as a unit when no one&#8217;s giving orders&#8221;. 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