"Golden section" in the economy - what is it?
A few words about the “golden ratio” in the traditional sense. It is believed that if a segment is divided into parts in such a way that the smaller part is related to the larger one, as the larger part is to the whole segment, then such a division gives a proportion of 1/1,618, which the ancient Greeks, having borrowed it from even more ancient Egyptians, they called it the “golden ratio”. And that many architectural structures […]