A few months ago I wrote an article on the Black-Scholes formula and its effect on the direction of the financial markets over the last thirty years.
I’ve just stumbled on an interesting documentary. It explores the historical development of Black Scholes, and its dire impact on the financial markets in greater depth. It’s very accessible (there’s no heavy math!), and I encourage everyone to watch the five parts below. I’d be very interested to know your thoughts.