• The institution of insurance is something that really came in--it's one of the earliest-- I consider it a division of finance-- really came in the 1600s when probability theory was invented.

    保险机构的出现,我认为这是金融业中,最早的分支之一,大约在17世纪,概率论刚刚诞生

    耶鲁公开课 - 金融市场课程节选

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