Diagnosing 'seizures' in the US economy
Since 2008, the U.S. economy has been "seizing" uncontrollably. Now a Tel Aviv University researcher says that a comparison of the multifaceted economic downturn with the uncontrolled spasms of an epileptic is not inappropriate — and may say something about the origins of the disaster.
In a recent article published in the journal PLoS ONE, Prof. Eshel Ben-Jacob of Tel Aviv University's School of Physics and Astronomy, his doctoral student Dror Y. Kenett and economist Dr. Gitit Gur-Gershgorn examined the dynamics of the S&P 500 over the last decade, employing methods originally ...






