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. ↗
No testimony is sufficient to establish a miracle, unless the testimony be of such a kind, that its falsehood would be more miraculous than the fact which it endeavors to establish. ↗
I maintain that the existing corn laws are bad, because they have given a monopoly of food to the landed interest over every other class and over every other interest in the kingdom. ↗