Discover how the Irrelevance Proposition Theorem explains debt's impact in corporate finance, its origin by Nobel-winning economists, and insights into its real-world applications.

Chris Wiggins, an associate professor of applied mathematics at Columbia University, offers this explanation. A patient goes to see a doctor. The doctor performs a test with 99 percent ...

For more than 350 years, a mathematics problem whose solution was considered the Holy Grail to the greatest mathematician minds had remained unsolved. Now, a team of mathematicians led by a prominent ...

Brilliant figures such as Sergey Nikitovich Mergelyan (1928-2008) defined the 20th century as an era for extraordinary ...

The most important theorem we learnt in childhood carries the name of a Greek philosopher, but not necessarily the legacy.

The Rockmore theorem made its first—and perhaps only—named appearance in print in 1977, in the journal Physics Letters, Volume 72B, No. 4. A photocopy of the journal page hung on my father’s office ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

We take for granted that an event in one part of the world cannot instantly affect what happens far away. This principle, which physicists call locality, was long regarded as a bedrock assumption ...

Calcea Johnson and Ne'Kiya Jackson believe they can prove the Pythagorean Theorem using trigonometry — and are being encouraged to submit their work for peer review Jason Hahn is a former Human ...

British professor Sir Andrew Wiles was awarded mathematics’ most prestigious prize this week, for providing the proof to a theorem that had stymied everyone in the field for over 350 years. Wiles was ...