Can Financial Engineering Cure Cancer, Solve the Energy Crisis, and Stop Global Warming?

Explore how financial engineering principles could potentially address major global challenges like cancer, energy crises, and climate change in this thought-provoking lecture from MIT professor Andrew Lo. Gain insights into the 2008 financial crisis, examining the role of mathematics and human behavior in market dynamics. Discover how lessons learned from financial markets might be applied to tackle societal issues, including innovative approaches to funding medical research and energy solutions. Delve into concepts like systemic risk, financial infrastructure, and the potential for collaborative scientific investment to drive breakthroughs in critical fields.

Introduction
Thank you
Title
Background
Financial Institutions
Housing Boom
The Hall of Shame
Financial Engineering
Systemic Risk
Why do crises happen
Finance is part of the solution
Employment
Starting Salaries
Financial Infrastructure
DARPA Network Challenge
DARPA Challenge
How do we use this
We laugh at this
A bold claim
The cost of drug discovery
The answer depends
If we collaborate
Think about this
Blue Ribbon Scientific Investment Board
How complex are mortgagebacked securities
Whats the alternative
Conclusion