Economic Manhattan Project
Posted by DK on May 13, 2009
via the Enthought folks, I ran across videos of a recent economic/scientific shindig organized by the Perimeter Institute (sounds like a home for physics brainiacs!) in reaction to the financial crisis. Many recognizable names spoke there (e.g., Derman, Taleb, Roubini, Lo), as the scientific community attempts to get more involved with economic theory. I’m sure the economists are thrilled. Nevertheless, it’s fun too see people talking inter-disciplinary dialogue. I’m not holding my breath though…
Here’s the abstract of Eric Weinstein’s talk:
Abstract: An unexpected economic crisis provides an excellent opportunity to better understand the state of Economic theory as a science. While there appears to have been a broad systemic failure within the community of professional economists to predict the current collapse, it must be noted that there have been scattered successes which appear striking and demand our attention. The goal of this conference is to bring together economists, biologists, mathematicians, physicists, programmers, and financial professionals to explore the opportunities for bringing economic theory into closer contact with the more traditional sciences as the basis for ongoing work, partnership, and collaboration.