In this paper we want to give possible answers to questions such as: What is art? How is art related to society? How does art develop? We consider art not as static, but as dynamic and complex, it permanently changes, interpretations of artworks permanently (re-)emerge, new artworks emerge, etc....

When the media, academics, and politicians tout investment strategies such as indexing as universal truths without distinguishing between wealth accumulation and distribution, they promote strategies that are dangerous to retirees' life savings. Accumulating wealth is a linear process, but...

COVID-19 has taken away the regular way of the world. It is raging the whole world since late January 2020. 212 countries and territories around the world have been reportedly affected so far. Community transmission has viciously reached its peak. Almost every nation is fighting hard against...

Recent empirical studies in Equity markets show evidence that, while asset log-returns are largely uncorrelated, it is possible to predict with some accuracy their future sign. Such prediction is made over a given forecast horizon based solely on the observed sign of the cumulative log-return...

Investors pay a substantial premium to hedge against fluctuations in volatility—the variance risk premium (VRP). The asset-pricing literature has presented numerous models with jumps in economic fundamentals to reproduce the properties and the time variation of the VRP. This paper shows that...

In the paper the distribution of prime numbers and digits of π were presented as chaotic. The analysis was based on the amplitude spectrum plots of the prime number distribution and the amplitude spectrum plots of the π digit distribution. From the chaos of prime numbers a certain regularity...

This paper proposes a conceptualization of business cycle fluctuations in which the role of financial conditions and nonlinear dynamics are explicitly incorporated. We highlight the role of investment demand in driving economic fluctuations, consider its endogenous dynamic interactions with...