Praxis the robot and Alan the “human man” look at the history of mathematical probability. They meet Galileo, whose work with dice brings him under the suspicion of some rather violent inquisitors.

The long-term peak in forward rates for U.S. Treasury exceeds the near-term peak, indicating a step toward normal yields. The streak of negative 2-year/10-year Treasury spreads has reached 292 trading ...

Clay Halton was a Business Editor at Investopedia and has been working in the finance publishing field for more than five years. He also writes and edits personal finance content, with a focus on ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Thomas J Catalano is a CFP and Registered ...

In A Philosophical Essay on Probabilities, published in 1814, Pierre-Simon Laplace introduced a notorious hypothetical creature: a “vast intelligence” that knew the complete physical state of the ...