Categories
Press and Pop Culture

Social Newtonianism again

Social Newtonianism seems to be on the rise. Recently Newton’s three laws of motion were used to describe traffic in Manila and before that Newton’s third law of motion was used to assess risk in banking investments, which I wrote about here. Now we see an executive coach applying Newton’s “three laws of motion to […]

Categories
Press and Pop Culture

Stretching Newton’s Third Law to apply to Banking?

In an article in the ABA Banking Journal, Patrick Ward invokes Newton’s third law of motion to help ALCOs think about risk in their investments: Sir Isaac Newton, Laws of Motion, and Banking Capital. According to Ward: Conceptually, Sir Isaac’s third law applies to the current Federal Reserve policies, interest rates, and banks’ investment portfolios–specifically, […]