Quant of the year - Michael Gordy, US Federal Reserve Bank

- By Risk Staff
- 09 Jan 2004

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Michael Gordy says it was the experience of working and studying in China in the late 1980s that turned him away from mathematics and philosophy into economics. “You couldn’t work in China without being awed by the power of market forces that were unleashed at the time,” he says. But by the time Gordy completed his PhD in applied auction theory at the Massachusetts Institute of Technology in 1994, he realised that he was not cut out for an academic career. So instead Gordy joined the Federal

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