Matheus Grasselli for Age of Economics - Full interview

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. (Interview number 13)
0:00 - Prologue
01:35 - Intro
01:53 - 1. Why does economics matter?
03:18 - 2. What are the differences between economic science and economic engineering?
10:47 - 3. What role does economics play in society? Does it serve the common good?
18:15 - 4. Economics provides answers to problems related to markets, efficiency, profits, consumption and economic growth. Does economics do a good job in addressing the other issues people care about: climate change and the wider environment, the role of technology in society, issues of race and class, pandemics, etc.?
33:18 - 5. As we live in an age of economics and economists - in which economic developments feature prominently in our lives and economists have major influence over a wide range of policy and people - should economists be held accountable for their advice?
41:26 - 6. Does economics explain Capitalism? How would you define Capitalism?
50:22 - 7. No human system to date has so far been able to endure indefinitely - not ancient Egypt or Rome, not Feudal China or Europe, not the USSR. What about global Capitalism: can it survive in its current form?
01:01:02 - 8. Is Capitalism, or whatever we should call the current system, the best one to serve the needs of humanity, or can we imagine another one?
About Matheus Grasselli
Brazilian-Canadian. 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.
Find Matheus newest book at www.mosaic-press.com/product/t...
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Interview by Fabio Dondero
Music: J.S. Bach, from The Well-Tempered Clavier. Kimiko Ishizaka, piano. Video by Fabio Dondero