Re: The conflict at Notre Dame

[Clifford Poirot <cpoirot@xxxxxxxxxxx>]

Clearly, I have no power to censor any idea on this forum. I am sorry I gave
offense.

I simply cannot see a theory that leads bond traders down the primrose path
to bankruptcy as an example of a mathematical advance.



-----Original Message-----
From: Roger Koppl [mailto:koppl@xxxxxxx]
Sent: Monday, March 10, 2003 2:43 PM
To: Clifford Poirot; pkt@xxxxxxxxxxxxxxxx
Subject: Re: The conflict at Notre Dame


I came back from a short trip to find Clifford Poirot's note to the effect
that my comments on Black & Scholes were fit for, using his word,
"ridicule."  Thanks, Cliff, for setting me straight.  Here I had thought
differing opinions could be had on the topic.  (Hence my comment, "Of course
you might not agree that these applications have been beneficial.")  Silly
me.

Who can recall Abbie Hoffman's comment on what is, sometimes, the
intellectuall correct response?  It's always a pleasure to escape from the
stiffling dogmatism of orthodoxy to the fresh air of PKT, where hubris is
abandoned in favor of open-minded discourse.

Roger

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Roger Koppl
Professor of Economics and Finance
Fairleigh Dickinson University
Madison, NJ 07940
USA

World Wide Web: http://inside.fdu.edu/pt/koppl.html
Internet: koppl@xxxxxxx
Phone: (973) 443-8846
Fax: (973) 443-8377
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