Skip to content →

Category: writing

Dystopic finance

For a couple of years now I?ve had a bad feeling about the field of finance. Though I often inveighed against the mechanical use of…

Comments closed

A serious question

Capitalism depends on lending and borrowing, and hence on banks. In that sense banks are a utility, like 

Comments closed

PPE morphs to PNE

The internecine arguments by economists in the daily papers show that a good part of economics is about what is good; and how to achieve…

Comments closed

On Language: Quants

The big quant boom began in the mid-?80s, when investment firms started attracting venerable names like Emanuel Derman, a South African-born physicist described by Patterson…

Comments closed

Short Bio

Emanuel Derman is a professor at Columbia University and director of their program in financial engineering. His book, My Life as A Quant: Reflections on Physics…

Comments closed

Wilmott 2006 Award

Along with Fischer Black, Emanuel Derman is one of the people responsible for molding Goldman Sachs? reputation of the late eighties and early nineties. Derman…

Comments closed