#ate

Culture must have its ultimate aim in the metaphysical or it will cease to be culture. ↗

— Johan Huizinga

#cease #culture #metaphysical #must #ultimate

History creates comprehensibility primarily by arranging facts meaningfully and only in a very limited sense by establishing strict causal connections. ↗

— Johan Huizinga

#causal #connections #creates #establishing #facts

If we are to preserve culture we must continue to create it. ↗

— Johan Huizinga

#create #culture #must #preserve

Arizona faces many challenges ahead. None is more important or more pressing than passing a new state budget. ↗

— Jane D. Hull

#arizona #budget #challenges #faces #important

It is usually more important how a man meets his fate than what it is. ↗

— Karl Wilhelm Von Humboldt

#his #how #important #man #meets

The real challenge was to model all the interest rates simultaneously, so you could value something that depended not only on the three-month interest rate, but on other interest rates as well. ↗

— John Hull

#could #depended #interest #model #only

Where else but in America could a schoolteacher from Kansas City end up the governor of her adopted state? ↗

— Jane D. Hull

#america #city #could #else #end

While I have some regrets that this is my last opportunity to deliver a State of the State address, I appreciate and am humbled by the opportunities this great state has given me. ↗

— Jane D. Hull

#am #appreciate #deliver #given #great

In the interest rate area, traders have for a long time used a version of what is known as Black's model for European bond options; another version of the same model for caps and floors; and yet another version of the same model for European swap options. ↗

— John Hull

#area #black #bond #caps #european

The problem with interest rates are that you are not modeling a single number, you are modeling a whole term structure, so it is a sort of different type of problem. ↗

— John Hull

#interest #modeling #number #problem #rates