Dr. Solomon's best-known book, "The Theory of Financial
Management," appeared in 1963, shortly after he became a
professor at Stanford. It is regarded as having helped
change the study of finance from a descriptive process into
a more rigorous, theory-based discipline.
I really hope that wasn't what allowed the new method that produced the Enron fiasco and the others that are like it, although while theory-based seems to describe Enron and Co, the term rigorous doesn't seem to apply. Prudy
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