The Fibonacci series? But, how is Graeber’s book a hint? 

 

Peter

 

From: [email protected] 
[mailto:[email protected]] On Behalf Of [email protected]
Sent: Thursday, June 28, 2012 5:30 PM
To: Progressive Economics
Subject: Re: [Pen-l] Query: RE: Neoclassical Economics and the Foreclosing of 
Dissent - The Inner Death of a Social Science

 

The first mention of the natural logarithm was by Nicholas Mercator 
<http://en.wikipedia.org/wiki/Nicholas_Mercator>  in his work Logarithmotechnia 
published in 1668,[2] 
<http://en.wikipedia.org/wiki/Natural_logarithm#cite_note-1>  although the 
mathematics teacher John Speidell had already in 1619 compiled a table on the 
natural logarithm.[3] 
<http://en.wikipedia.org/wiki/Natural_logarithm#cite_note-2>  It was formerly 
also called hyperbolic logarithm,[4] 
<http://en.wikipedia.org/wiki/Natural_logarithm#cite_note-3>  as it corresponds 
to the area under a hyperbola <http://en.wikipedia.org/wiki/Hyperbola> . It is 
also sometimes referred to as the Napierian logarithm 
<http://en.wikipedia.org/wiki/Napierian_logarithm> , although the original 
meaning of this term is slightly different.

???

  _____  

Joanna:

> But, no doubt, Sabri can tell us more about the math.

Here is some math:

As n ---> infinity, (1 +1/n)^n ---> e, where e = 2.718...

This "e" shows everywhere in natural sciences that rely on math.  With
out it, and its inverse, the natural logarithm, much of natural
sciences would not have been what they are today.

Guess from where this "e" and, its inverse, "the natural logarithm" originated?

Hint-1: The answer starts with the letter "f", although the next
letter is not "u" but, "i".

Hint-2: "Debt, The First 5000 Years" by David Graeber

Best,
Sabri
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