Actuarial science began as the place where two branches of mathematics meet: compound interest and observed mortality statistics. Financial planning for the future is therefore rooted firmly in the past. John Webb takes us through some of the mathematics involved, introducing us to some of the colourful characters who led the way.
Professor Jardine's latest book is a broad survey of a remarkable period in history, the so-called Scientific Revolution. The premise of Jardine's narrative is that we currently live on one side or the other of a gulf in understanding between the sciences and the arts - the so-called "Two Cultures" defined by C P Snow - and her aim is to show, by illustrating the roots of modern science, that this cultural divide is a modern construct. Jardine therefore focuses her attention on the overlap and interchange of science, mathematics and the arts throughout the intellectual ferment of the seventeenth and eighteenth centuries.
I wish to God these calculations had been executed by steam." With these words, spoken in 1821, Charles Babbage embarked on the great quest of his life - the attempt to fully automate calculation. Goaded by the all-pervasive errors in the tables of the period, he began to conceive of a great machine that would replace human fallibility with utter mechanical reliability.