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IPFS News Link • General Opinion

The 17 Equations That Changed The World

• http://www.businessinsider.com, Max Nisen
 We asked Professor Stewart why he decided to do this book:
 
"Equations definitely CAN be dull, and they CAN seem complicated, but that’s because they are often presented in a dull and complicated way. I have an advantage over school math teachers: I’m not trying to show you how to do the sums yourself. You can appreciate the beauty and importance of equations without knowing how to solve them..... The intention is to locate them in their cultural and human context, and pull back the veil on their hidden effects on history. Equations are a vital part of our culture. The stories behind them --- the people who discovered/invented them and the periods in which they lived --- are fascinating."

This should be particularly relevant to anybody affected by the financial crisis.

Click here to see the 17 equations >

Black Scholes, a derivative pricing equation and number 17 on this list helped cause it.


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