Physics degrees can pay off, but will they save us?

Back in 1999, only a couple of years after I was appointed at Surrey, I went to a summer school on statistical physics, in St Andrews, Scotland. One of the lecturers was a guy called Jean-Phillippe Bouchaud. He gave some interesting lectures on the statistical physics of glasses, these are systems like window glass in which the molecules are stuck, at least most of the time. Since then our careers, and I suspect our salaries, have diverged. He is now senior management of France’s largest hedge fund, Capital Fund Management.

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