| Eric R. Weinstein | |
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Eric Weinstein
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| Born | 1965 Los Angeles |
| Nationality | American |
| Fields | Mathematics, Physics, Economics, Finance, Public Policy |
| Alma mater | University of Pennsylvania, Harvard University |
Eric Weinstein (born Los Angeles, October 1965) is a mathematician and economist. He is currently a principal at the Natron Group, a hedge fund in Manhattan. He earned a 1992 Ph.D [1] in Mathematical Physics from the Maths Department of Harvard University (under the supervision of Raoul Bott) and has since held a Lady Davis Fellowship in the Racah Institute of Physics at Hebrew University, an NSF fellowship in the mathematics Department of MIT, and was an Alfred P. Sloan Foundation grantee in the Harvard Economics Department and National Bureau for Economic Research where he founded the Project on the Economics of Advanced Training with economist Richard Freeman. He graduated in his Junior year with combined A.B. and M.A. degrees in mathematics from the University of Pennsylvania as University Scholar in 1985.
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Immigration Theory: In a 2002 paper in the International Labor Review,[2] Weinstein introduced Coasian market models for visas to solve immigration problems while working for the United Nations International Labor Office. It appears to be the first such systematic suggestion in the literature, predating recent claims of Nobelist Gary Becker in his 2010 Hayek lecture that ‘the ‘price mechanism…has really not been applied.to the immigration area”.
Economic Theory: Along with Collaborator Pia Malaney, Weinstein showed that neoclassical economics was in fact an example of a naturally occurring gauge theory. This discovery paralleled a similar such discovery linking mathematics to physics by CN Yang, and collaborators at Stony Brook in the 1970s. The approach has been separately discussed from viewpoints in both the economics and physics literature but has yet to gain a wider awareness with few academicians possessing backgrounds in both physics and economics.. [1] [2]
Finance: Five years before the financial crisis, Weinstein and collaborator Adil Abdulali published a paper in Risk[3] introducing models indicating that methodology for valuing illiquid assets was likely to place a systemic premium on mortgage backed securities. Their model based on certainty equivalents solved the illiquidity distortion by recourse to the von Neumann Morgenstern risk framework.
Labor Markets for Elite workers: Weinstein and Collaborator Richard Freeman conducted an extensive study relying on unprecedented access to leading Biomedical scientists through the American Society for Cell Biology. Careers and Rewards in BioScience.,[4] Science Magazine Policy Forum.
Mathematical Physics: Weinstein claimed in his dissertation research that the Self-Dual Yang Mills equations on which Donaldson Theory was built were less unique than was believed at the time, putting forward two sets of alternate equations based on spinorial constructions. One set of equations became the basis for his dissertation showing that the SDYM equations were not really peculiar to dimension four and admitted generalizations to higher dimensions.Special Quantum Field Theories
Science Policy: Weinstein has been invited several times to argue before the National Academy of Sciences that the academy and national science foundation have deliberately sought to glut the market for scientists in order to decrease wage outlays for scientific and technical employers. Debunking the Myth of a Desperate Software Labor Shortage, Forecasting Demand and Supply of Doctoral Scientists and Engineers.
The Economic Crisis and its Implications for the Science of Economics May 1–4, 2009 (Conference) Member: International Organizing Committee Perimeter Institute of Theoretical Physics, Waterloo, Canada Keynote Address: A Science Less Dismal Panel Discussion (with Nouriel Roubini, Nassim Taleb, Richard Freeman. Moderator Lee Smolin) Video: "http://pirsa.org/09050047/" | "http://pirsa.org/09050026/"
Systems Architecture, Kabuki Capitalism, and the Economic Manhattan Project. Stanford University Computer Systems (Invited Colloquium and Debate), April 29, 2009 Stanford University, Palo Alto California Invited Debating Partner: Paul Romer (Declined) Video: "http://www.stanford.edu/class/ee380/Abstracts/090429.html"
“Sheldon Glashow Owes Me a Dollar (and 17 Years of Interest): What happens where the endless frontier meets the efficient frontier?” Science in the 21st Century (Conference) September 6–9, 2008, Perimeter Institute of Theoretical Physics, Waterloo, Canada. Panel Discussion: Scientific Utopia - Designing Research Environments to Catalyze Scientific Progress Video: "http://pirsa.org/08090036/"
Gauge Theory and Inflation: Enlarging the Wu-Yang Dictionary to a unifying Rosetta Stone for Geometry in Application Invited Colloquium, Perimeter Institute of Theoretical Physics May 24, 2006, Waterloo, Canada. Video: "http://pirsa.org/06050010/"