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.
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, ...