Comment by JumpCrisscross
8 hours ago
> economics profession very much suffers from inferiority complex known as "physics envy"
You’re mixing up quantitative finance and economics.
8 hours ago
> economics profession very much suffers from inferiority complex known as "physics envy"
You’re mixing up quantitative finance and economics.
Excuse me? Quant finance doesn't claim to be devising grand theories about how the world operates (is more akin to engineering). And when it does, any delineation from economics is moot.
> Quant finance doesn't claim to be devising grand theories about how the world operates
What do you base this on?
What's quintessential quant finance? Black-Scholes and no-arbitrage pricing. Don't you agree it's much more of a tool than a theory of how the world works.
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