The most important theorem we learnt in childhood carries the name of a Greek philosopher, but not necessarily the legacy. Evidence increasingly shows that the theorem existed long before his lifetime ...

Discover the Diamond-Water Paradox—why diamonds cost more than water. Learn about subjective value and marginal utility in economic valuation.

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.