b

# Biggest problems in Finance - MT


## liquidity

a) funding
b) any asset as a tradable security

leverage, etc

## collective markets (wise for short-term) versus individual emotions

[speed of moves - Derman time](http://emanuelderman.com/wp-content/uploads/2002/07/derman-intrinsic-time.pdf)

## evolutionary role of derivatives

derivatives as the tool of human progress in Finance

transition to a new financial system

## evolution theory, information, hierarchy

Kolmogorov-Shannon, see Manin

## [happiness and economics](https://knowen.org/nodes/28276)
⏎
# Parents

* Financial Education