Matheus Grasselli - Economic Science & Engineering

2. What are the differences between economic science (academic economics) and economic engineering (policymaking)?

Age of Economics: in the first part of this project a diverse group of global thinkers answers 8 fundamental questions about economics and capitalist civilization.

0:00 - Intro
0:23 - Start interview

Matheus Grasselli is a Professor of Financial Mathematics and Chair of the Mathematics of Statistics Department at McMaster University. He was the Deputy Director of the Fields Institute for Research in Mathematical Sciences in Toronto (2012-2016) and the Director of the Fields Centre for Financial Industries (2017-2020) and is currently a co-leader of the Fields-CQAM lab on Systemic Risk Analytics. He holds a PhD in Mathematical Physics from King's College London, and has published research papers on information geometry, statistical physics, and several aspects of quantitative finance, including interest rate theory, optimal portfolio, real options, executive compensation, and macroeconomics. He is also the author of an undergraduate textbook on numerical methods. He is a regular speaker in both academic and industrial conferences around the world and has consulted for CIBC, Petrobras, EDF, and Bovespa. He is on the editorial board of numerous journals, including the Journal of Banking and Finance, the International Journal of Theoretical and Applied Finance, and the Journal of Dynamics and Games, and is also the founding managing editor of the book series Springer Briefs on Quantitative Finance. In 2019 he published his first novel, The Venetian Files: the secret of financial crises.

Interview by Fabio Dondero

Music: J.S. Bach, from The Well-Tempered Clavier, Praeludium 20 in A minor, BWV 865. Kimiko Ishizaka, piano