Mike at Rortybomb might start by quoting Barry Eichengreen at length. But before long he’s going freestyle:
It’s like Fischer Black was Kool Herc and Myron Scholes was Afrika Bambaataa, and they’d all go plug in their computers into lamp posts and do martingale representations in the streets and at house parties. And, of course, it was all ruined in 1979 when it went commercial.
Which raises the highly important question: who’s the Grandmaster Flash of the quant world? And who’s Vanilla Ice?