Actuarial Science
- Edmond Halley publishes an article in Philosophical Transactions of the Royal Society on life annuities featuring a life table constructed on the basis of statistics from Breslau provided by Caspar Neumann.
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“The sweetest and most inoffensive path of life leads through the avenues of science and learning; and whoever can either remove any obstructions in this way, or open up any new prospect, ought so far to be esteemed a benefactor to mankind.”
—David Hume (1711–1776)