Reposting from the University of Connecticut's UConn Today blog (H/T Palle Jorgenesen). Who was it who said, "Humanity's greatest problem is our failure to understand the exponential function"?
Dean Teitelbaum of UConn's College of Liberal Arts and Sciences write about a call "for a public discourse that allows us to consider more than one variable
at a time", and to pay more attention to “our friends
in the math department” who know how to do this using Calculus.
He goes on, "It’s flattering to be called on to help heal society’s woes –
mathematicians aren’t often put in that role – so I spent some time
thinking about how a mathematical perspective might help improve our
collective approach to societal problems. In response, I offer three specific areas of mathematics that people don’t
seem to properly appreciate, leading them to poor decision-making in
many different areas of society. As it turns out, all three areas are
even simpler than Calculus."
Read the full post here.
Inflation through the Lens of the Trophic Theory of Money
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by Danish Hasan Ansari
In its simplest sense, inflation is an increase in the prices of goods and
services. For instance, if the price of a certain good i...
2 days ago
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