This is the first revision to this title and it is based on the findings just (2017) published in the fifth volume of the series (The M Function) which reveals the "invisible hand" as a reality working in these early pages. The authors intuition ("qualia") indicated that there was true meaning in the discretionary behavior of affluent individuals even if they themselves were not conscious of it. Even if the authors could not fully explain it. The hunt for meaning was on. Among the footnotes in this first volume you will find reference to Harold Kauffman's Investigations, a work that includes the co-evolutionary NK formula that becomes central to our studies by volumes 4 and 5. In this volume we begin a process that takes us where the facts and data lead. We are fortunate to conduct our discovery both in mathematics and semantics, in several sciences, "hard" and "soft." It is the ability of the authors to dialog between themselves and with peers in various disciplines that brings vitality to the subject. Along the way Richard Dawkins pointed out that ideas that replicate themselves in our brains, passing from brain to brain, will help our species reproduce as much as physical genes. In his book The Selfish Gene he coined the term "meme" for such cultural replicators. We think "the invisible hand" and "the Demon" are just such memes. We hope you will enjoy the art and the science of the up-dated memes in this volume
Author Biography:
Michael Baron, Ph., D. Dr. Michael Baron is Professor at the Department of Mathematics and Statistics, American University, Washington, D.C. Supported by grants from the National Science Foundation, the National Security Agency, and the Semiconductor Technical Council, he conducts research in sequential analysis, change-point detection, and Bayesian inference, applying obtained results in epidemiology, clinical trials, cyber security, energy finance, and semiconductor manufacturing.He was a one-year Academic Visitor at the IBM research Watson Research Center. He has published three text books. In 2007 he received the Abraham Wald prize for the best paper in sequential analysis, and in 2013 he was elected a Fellow of the American Statistical Association. He serves as Associate Editor of the Journal of Sequential Analysis, is a member of the American Statistical Association and the International Society for Bayesian Analysis, has a University Diploma in Mathematics from St. Petersburg State University, Russia (1992), and a PhD degree in Statistics from the University of Maryland (1995). His University Diploma paper was supervised by Prof. Ildar Ibragimov, and his doctoral dissertation was supervised by Prof. Andrew Rukhin. He has graduated nine doctoral students and is currently working on three more. Degrees PhD, University of Maryland, Baltimore County, Statistics, 1995 MS, State University of St. Petersburg (Russia), Mathematics, 1992. Languages Spoken English, Russian, SAS Richard Baker Richard is a serial entrepreneur in the applied behavioral sciences. Baker & Company developed expertise in business to business customer satisfaction and was sold to J.D.Power and Associates in 1999. Mr. Baker later founded Premium Knowledge Group (PKG) to understand the motives of affluent consumers. The proceeds from the sale of the previous company were invested in developing unique research data, analyzed by Dr. Baron which has revealed the M Function. Mr. Baker has co-authored five books with Dr. Baron. Mr. Baker has a BA in English from the University of Dallas where graduated Valedictorian in 1969. He then served as a Lt.jg. in the U.S. Navy.
