Joseph L. McCauley
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Joseph L. McCauley
Joseph L. McCauley (born 1943) is Professor of Physics at the University of Houston. He was Lars Onsager's last graduate student. His main research fields are economics and finance (econophysics), nonlinear dynamics, and statistical physics. He has also published papers on the theory of superfluids, quantum theory of vortices, cosmology, porous media, critical phenomena, and science wars. McCauley predicted a Dollar crisis in April, 2007, this is described in chapter 9 of his 2009 book Dynamics of Markets. He serves on the Advisory Board of thEconophysics Forumand as an editor of The International Review of Financial Analysis. Bibliography McCauley has written four books published by Cambridge University Press Cambridge University Press is the university press of the University of Cambridge. Granted letters patent by King Henry VIII in 1534, it is the oldest university press in the world. It is also the King's Printer. Cambridge University Pre ...: *''Chaos, Dynam ...
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University Of Houston
The University of Houston (UH) is a public research university in Houston, Texas. Founded in 1927, UH is a member of the University of Houston System and the university in Texas with over 47,000 students. Its campus, which is primarily in southeast Houston, spans , with the inclusion of its Sugar Land and Katy sites. The university is classified as an "R1: Doctoral Universities – Very high research activity." The university offers more than 276 degree programs through its 16 academic colleges and schools and an interdisciplinary Honors College - including programs leading to professional degrees in architecture, law, optometry, medicine and pharmacy. The institution spends $203 million annually in research, and operates more than 35 research centers and institutes on campus. Interdisciplinary research includes superconductivity, space commercialization and exploration, biomedical sciences and engineering, energy and natural resources, and artificial intelligence. Awarding ...
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Lars Onsager
Lars Onsager (November 27, 1903 – October 5, 1976) was a Norwegian-born American physical chemist and theoretical physicist. He held the Gibbs Professorship of Theoretical Chemistry at Yale University. He was awarded the Nobel Prize in Chemistry in 1968. Education and early life Lars Onsager was born in Kristiania (now Oslo), Norway. His father was a lawyer. After completing secondary school in Oslo, he attended the Norwegian Institute of Technology (NTH) in Trondheim, graduating as a chemical engineer in 1925. Career and research In 1925 he arrived at a correction to the Debye-Hückel theory of electrolytic solutions, to specify Brownian movement of ions in solution, and during 1926 published it. He traveled to Zürich, where Peter Debye was teaching, and confronted Debye, telling him his theory was wrong. He impressed Debye so much that he was invited to become Debye's assistant at the Eidgenössische Technische Hochschule (ETH), where he remained until 1928. J ...
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Econophysics
Econophysics is a heterodox interdisciplinary research field, applying theories and methods originally developed by physicists in order to solve problems in economics, usually those including uncertainty or stochastic processes and nonlinear dynamics. Some of its application to the study of financial markets has also been termed statistical finance referring to its roots in statistical physics. Econophysics is closely related to social physics. History Physicists' interest in the social sciences is not new (see e.g.,); Daniel Bernoulli, as an example, was the originator of utility-based preferences. One of the founders of neoclassical economic theory, former Yale University Professor of Economics Irving Fisher, was originally trained under the renowned Yale physicist, Josiah Willard Gibbs. Likewise, Jan Tinbergen, who won the first Nobel Memorial Prize in Economic Sciences in 1969 for having developed and applied dynamic models for the analysis of economic processes, studied physi ...
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Nonlinear Dynamics
In mathematics and science, a nonlinear system is a system in which the change of the output is not proportional to the change of the input. Nonlinear problems are of interest to engineers, biologists, physicists, mathematicians, and many other scientists because most systems are inherently nonlinear in nature. Nonlinear dynamical systems, describing changes in variables over time, may appear chaotic, unpredictable, or counterintuitive, contrasting with much simpler linear systems. Typically, the behavior of a nonlinear system is described in mathematics by a nonlinear system of equations, which is a set of simultaneous equations in which the unknowns (or the unknown functions in the case of differential equations) appear as variables of a polynomial of degree higher than one or in the argument of a function which is not a polynomial of degree one. In other words, in a nonlinear system of equations, the equation(s) to be solved cannot be written as a linear combination of the u ...
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Statistical Physics
Statistical physics is a branch of physics that evolved from a foundation of statistical mechanics, which uses methods of probability theory and statistics, and particularly the mathematical tools for dealing with large populations and approximations, in solving physical problems. It can describe a wide variety of fields with an inherently stochastic nature. Its applications include many problems in the fields of physics, biology, chemistry, and neuroscience. Its main purpose is to clarify the properties of matter in aggregate, in terms of physical laws governing atomic motion. Statistical mechanics develop the phenomenological results of thermodynamics from a probabilistic examination of the underlying microscopic systems. Historically, one of the first topics in physics where statistical methods were applied was the field of classical mechanics, which is concerned with the motion of particles or objects when subjected to a force. Scope Statistical physics explains and quanti ...
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Superfluid
Superfluidity is the characteristic property of a fluid with zero viscosity which therefore flows without any loss of kinetic energy. When stirred, a superfluid forms vortices that continue to rotate indefinitely. Superfluidity occurs in two isotopes of helium (helium-3 and helium-4) when they are liquefied by cooling to cryogenic temperatures. It is also a property of various other exotic states of matter theorized to exist in astrophysics, high-energy physics, and theories of quantum gravity. The theory of superfluidity was developed by Soviet theoretical physicists Lev Landau and Isaak Khalatnikov. Superfluidity is often coincidental with Bose–Einstein condensation, but neither phenomenon is directly related to the other; not all Bose–Einstein condensates can be regarded as superfluids, and not all superfluids are Bose–Einstein condensates. Superfluidity of liquid helium Superfluidity was discovered in helium-4 by Pyotr Kapitsa and independently by John F. Alle ...
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Quantum Mechanics
Quantum mechanics is a fundamental theory in physics that provides a description of the physical properties of nature at the scale of atoms and subatomic particles. It is the foundation of all quantum physics including quantum chemistry, quantum field theory, quantum technology, and quantum information science. Classical physics, the collection of theories that existed before the advent of quantum mechanics, describes many aspects of nature at an ordinary (macroscopic) scale, but is not sufficient for describing them at small (atomic and subatomic) scales. Most theories in classical physics can be derived from quantum mechanics as an approximation valid at large (macroscopic) scale. Quantum mechanics differs from classical physics in that energy, momentum, angular momentum, and other quantities of a bound system are restricted to discrete values ( quantization); objects have characteristics of both particles and waves ( wave–particle duality); and there ar ...
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Physical Cosmology
Physical cosmology is a branch of cosmology concerned with the study of cosmological models. A cosmological model, or simply cosmology, provides a description of the largest-scale structures and dynamics of the universe and allows study of fundamental questions about its origin, structure, evolution, and ultimate fate.For an overview, see Cosmology as a science originated with the Copernican principle, which implies that celestial bodies obey identical physical laws to those on Earth, and Newtonian mechanics, which first allowed those physical laws to be understood. Physical cosmology, as it is now understood, began with the development in 1915 of Albert Einstein's general theory of relativity, followed by major observational discoveries in the 1920s: first, Edwin Hubble discovered that the universe contains a huge number of external galaxies beyond the Milky Way; then, work by Vesto Slipher and others showed that the universe is expanding. These advances made it possible ...
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Dynamics Of Markets
Dynamics (from Greek δυναμικός ''dynamikos'' "powerful", from δύναμις ''dynamis'' "power") or dynamic may refer to: Physics and engineering * Dynamics (mechanics) ** Aerodynamics, the study of the motion of air ** Analytical dynamics, the motion of bodies as induced by external forces ** Brownian dynamics, the occurrence of Langevin dynamics in the motion of particles in solution ** File dynamics, stochastic motion of particles in a channel ** Flight dynamics, the science of aircraft and spacecraft design ** Fluid dynamics or ''hydrodynamics'', the study of fluid flow *** Computational fluid dynamics, a way of studying fluid dynamics using numerical methods ** Fractional dynamics, dynamics with integrations and differentiations of fractional orders ** Molecular dynamics, the study of motion on the molecular level ** Langevin dynamics, a mathematical model for stochastic dynamics ** Orbital dynamics, the study of the motion of rockets and spacecraft ** Quantum c ...
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The International Review Of Financial Analysis
''The'' () is a grammatical article in English, denoting persons or things already mentioned, under discussion, implied or otherwise presumed familiar to listeners, readers, or speakers. It is the definite article in English. ''The'' is the most frequently used word in the English language; studies and analyses of texts have found it to account for seven percent of all printed English-language words. It is derived from gendered articles in Old English which combined in Middle English and now has a single form used with pronouns of any gender. The word can be used with both singular and plural nouns, and with a noun that starts with any letter. This is different from many other languages, which have different forms of the definite article for different genders or numbers. Pronunciation In most dialects, "the" is pronounced as (with the voiced dental fricative followed by a schwa) when followed by a consonant sound, and as (homophone of pronoun ''thee'') when followed by a ...
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Cambridge University Press
Cambridge University Press is the university press of the University of Cambridge. Granted letters patent by King Henry VIII in 1534, it is the oldest university press in the world. It is also the King's Printer. Cambridge University Press is a department of the University of Cambridge and is both an academic and educational publisher. It became part of Cambridge University Press & Assessment, following a merger with Cambridge Assessment in 2021. With a global sales presence, publishing hubs, and offices in more than 40 countries, it publishes over 50,000 titles by authors from over 100 countries. Its publishing includes more than 380 academic journals, monographs, reference works, school and university textbooks, and English language teaching and learning publications. It also publishes Bibles, runs a bookshop in Cambridge, sells through Amazon, and has a conference venues business in Cambridge at the Pitt Building and the Sir Geoffrey Cass Sports and Social Centre. ...
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Living People
Related categories * :Year of birth missing (living people) / :Year of birth unknown * :Date of birth missing (living people) / :Date of birth unknown * :Place of birth missing (living people) / :Place of birth unknown * :Year of death missing / :Year of death unknown * :Date of death missing / :Date of death unknown * :Place of death missing / :Place of death unknown * :Missing middle or first names See also * :Dead people * :Template:L, which generates this category or death years, and birth year and sort keys. : {{DEFAULTSORT:Living people 21st-century people People by status ...
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