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Does Wall Street Need More Physicists?

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Does Wall Street Need More Physicists?

Economy

Does Wall Street Need More Physicists?

Does Wall Street Need More Physicists?

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  • <iframe src="https://www.npr.org/player/embed/101868301/101868275" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

In better times, generous paychecks and computational challenges attracted physicists and engineers to Wall Street, but some experts now blame them for the crash. Andrew Lo, a financial engineer at MIT, discusses why Wall Street needs these number crunchers more than ever.