Against The Gods 🔖

The development of as methods of distributing risk.

This paper would analyze the intellectual shift that allowed humans to stop viewing the future as a whim of the gods and start seeing it as a set of measurable outcomes. : Against the Gods

The impact of (Harry Markowitz) and Option Pricing (Black-Scholes) on global markets. The development of as methods of distributing risk

Bernstein's discussion of , which introduces human interaction as a source of risk. Against the Gods