Rethinking investment risk

Financial innovation is supposed to reduce riskā€”in theory, at least. Yes, new financial instruments based on the housing market helped cause the financial crisis of 2008. But in the abstract, those same instruments have ...

Fall of Communism changed mathematics in US: New study

The collapse of the Soviet Union in 1992 brought an influx of Soviet mathematicians to U.S. institutions, and those scholars' differing areas of specialization have changed the way math is studied and taught in this country, ...