Pension Forecast

In 1963 a mathematician-turned-meteorologist named Edward Lorenz wrote in a paper for the New York Academy of Sciences that the flapping of a single seagull’s wings could seriously alter the weather.

IN 1963 A MATHEMATICIAN-turned-meteorologist named Edward Lorenz wrote in a paper for the New York Academy of Sciences that the flapping of a single seagull’s wings could seriously alter the weather. Using early computer models to study weather patterns, Lorenz found that such complex dynamic systems are extremely sensitive to the initial set of conditions, so that any change in those conditions could have profound effects on the future.

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