In 1897, Indiana General Assembly was persuaded to consider Bill #246 which provided a method for squaring the circle by ruler and compass (millenniums after unsuccessful search, and 15 years after Lindemann proved it to be mathematically impossible), and effectively declaring the value of pi to be rather convenient 3.2. A physician almost succeeded in getting this bill passed by arguing that the state could collect royalties from those who may use this discovery, and was stopped only by arguments of a real mathematician who just happened to be present.
Monthly Archive for June, 2011
I was asked to venture out of my ivory tower to attend a user-preparer roundtable as an invited guest in NY yesterday on the subject of insurance contract accounting proposals issued by FASB and IASB–two boards that write accounting rules in US and internationally. Some 90 people, including CFOs of major insurance firms, analysts, and institutional investors attended. A report on the proceedings by one of the attendees this morning is appended below after my own observations and reactions.