Picture the scrum of the stock exchange -- the flurry of buying and selling, the split-second decisions that make and break fortunes. Then take out all the humans and accelerate everything until you literally can't keep up. Jad visits the inhumanly fast world of modern-day, high-speed trading with NPR's
The inhumanly fast world of high-speed trading, an excruciatingly slow experiment, and a physicist plays Zeus.
In this episode, a question that haunted Charles Darwin: if natural selection boils down to survival of the fittest, how do you explain why one creature might stick its neck out for another?
In the early 60s, Robert Axelrod was a math major messing around with refrigerator-sized computers. Then a dramatic global crisis made him wonder about the space between a rock and a hard place, and whether being good may be a good strategy. With help from Andrew Zolli and Steve Strogatz, ...