Month: February 2007

  • Psychohistory and finance

    In Isaac Asimov’s Foundation books, psychohistory is the scientific study of human behaviour. Psychohistorians are able to predict what large numbers of people will do. However, the theory only works when the people are unaware of the predictions. In the original Foundation trilogy, the goal of the psychohistorians (the Second Foundation) was to create a…