Download e-book for kindle: Book of Extremes: Why the 21st Century Isn’t Like the 20th by Ted G. Lewis

What makes the twenty first century assorted from the twentieth century? This century is the century of extremes -- political, monetary, social, and international black-swan occasions occurring with expanding frequency and severity. publication of Extremes is a journey of the present fact as obvious throughout the lens of complexity conception – the single idea in a position to explaining why the Arab Spring occurred and why it is going to occur back; why social networks within the digital international behave like flashmobs within the actual international; why monetary bubbles blow up in our faces and should develop and burst back; why the wealthy get richer and may proceed to get richer despite governmental regulations; why the way forward for financial wealth and nationwide energy lies in comparative virtue and worldwide alternate; why normal failures will proceed to get larger and take place extra usually; and why the net – invented through the U.S. -- is headed for an international monopoly managed through a non-US company. it's also in regards to the severe strategies and heroic innovators but to be came upon and famous over the subsequent a hundred years.Complexity idea combines the predictable with the unpredictable. It assumes a nonlinear international of long-tailed distributions rather than the classical linear global of standard distributions. within the complicated twenty first century, virtually not anything is linear or common. in its place, the realm is very hooked up, conditional, nonlinear, fractal, and punctuated. lifestyles within the twenty first century is a long-tailed random stroll – Levy walks -- via severe occasions of remarkable impression. it really is a thrilling time to be alive.