Jump to ContentJump to Main Navigation
Mathematics without ApologiesPortrait of a Problematic Vocation$
Users without a subscription are not able to see the full content.

Michael Harris

Print publication date: 2017

Print ISBN-13: 9780691175836

Published to Princeton Scholarship Online: May 2018

DOI: 10.23943/princeton/9780691175836.001.0001

Show Summary Details
Page of

PRINTED FROM PRINCETON SCHOLARSHIP ONLINE (www.princeton.universitypressscholarship.com). (c) Copyright Princeton University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in PRSO for personal use.date: 17 September 2021



(p.79) Chapter 4 Megaloprepeia
Mathematics without Apologies

Michael Harris

Princeton University Press

The explosion of finance mathematics, and its implication in the 2008 financial crisis, has had the welcome, but unintended, consequence of establishing a common border between mathematics and morality. This chapter does not aim to assign responsibility for the 2008 crash and certainly not to imply that mathematics professors are specifically to blame. Nor does this chapter aim to change anyone's mind about fundamental questions of economic policy. Its primary purpose is to explain some of the context for a debate that is actually taking place, within and around mathematics, in connection with the growth of mathematical finance. The tensions between the internal and external goods involved in the creation of mathematics are well illustrated by this debate. The secondary purpose of this chapter is to provide a very brief introduction to the mathematical modeling of reality.

Keywords:   finance mathematics, morality, mathematicians, mathematical finance, mathematical modeling, reality

Princeton Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us.