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And whereas these and different academic developments have enormously improved the day-to-day operations of the monetary markets , historical past is rife with examples that appear to contradict the notion that finance behaves according to rational scientific legal guidelines. For example, inventory market disasters, such as the Oct 1987 crash (Black Monday), which noticed the Dow Jones Industrial Average (DJIA) fall more than 22{cf4d35ffea5016bb8f6277e4c54fbb56ddb3ad049276c99c54f5415fbc8c952f}, and the good 1929 inventory market crash beginning on Black …