Elie Ayache is the author of the ground breaking "The Blank Swan: The End of Probability", a book that redefines the premises of speculation from the conventional retrospective understanding of markets based on statistics and probability, to actual speculation based on contingency and event.
After ten years in the Pit of the London stock market Elie Ayache completed a PhD in quantum physics, translated his hands-on knowledge as a "market maker" into a revised theory of markets which abolishes predication in favor of "event" and the production of value rather then reliance on speed.
Elie Ayache's book concerns economy and market making but is moreover affiliated with a contemporary branch of philosophy, so called, speculative realism. Ayache revisits Borges Pierre Menard in order to renegotiate notions of reality and continuity in favor of contingency and the possibility of a world without humans.
"Ayache′s writing is a very interesting combination of the completely mad and the entirely sane, with the non–crazy just neatly outweighing the insane." –Dr Nina Power
The lecture was part of the DOCH course Performativity; Tendencies in Management, and was open to the public.
Video and sound by Malin Korkeasalo