princeton university press

Einstein Archives to Be Available Online

More than 900 scientific and nonscientific documents of one of the most influential intellects in the modern era, Albert Einstein, will soon be available online for the first time. The Einstein Archives Online website, at http://www.alberteinstein.info, will also be accompanied by an extensive database of archival information. It will be launched on May 19 during a daylong symposium on his life and work, to be held at the American Museum of Natural History in New York.

Physicist Says Market Crashes Predictable; Major Decline Due in 2003

Successfully predicting stock market swings is as futile as searching for the fountain of youth, some people believe. UCLA physicist and complex-systems theorist Didier Sornette is not among them. Sornette says he has found patterns that occur in market crashes dating back for centuries. Their statistical signatures are evident long in advance, he concludes. Sornette has developed algorithms ? based on sophisticated mathematics, statistical modeling techniques and collective behavior theory ? that enable him to analyze more than two dozen stock markets worldwide. Applying techniques of physics to economic data, he has developed a quantitative model that can predict the signatures of a coming stock market crash.