Manhattan Quotes (3 quotes)
If the Indians hadn’t spent the $24. In 1626 Peter Minuit, first governor of New Netherland, purchased Manhattan Island from the Indians for about $24. … Assume for simplicity a uniform rate of 7% from 1626 to the present, and suppose that the Indians had put their $24 at [compound] interest at that rate …. What would be the amount now, after 280 years? 24 x (1.07)280 = more than 4,042,000,000.
The latest tax assessment available at the time of writing gives the realty for the borough of Manhattan as $3,820,754,181. This is estimated to be 78% of the actual value, making the actual value a little more than $4,898,400,000.
The amount of the Indians’ money would therefore be more than the present assessed valuation but less than the actual valuation.
The latest tax assessment available at the time of writing gives the realty for the borough of Manhattan as $3,820,754,181. This is estimated to be 78% of the actual value, making the actual value a little more than $4,898,400,000.
The amount of the Indians’ money would therefore be more than the present assessed valuation but less than the actual valuation.
In A Scrap-book of Elementary Mathematics: Notes, Recreations, Essays (1908), 47-48.
Imagine Aristotle revivified and visiting Manhattan. Nothing in our social, political, economic, artistic, sexual or religious life would mystify him, but he would be staggered by our technology. Its products—skyscrapers, cars, airplanes, television, pocket calculators—would have been impossible without calculus.
In book review, 'Adventures Of a Mathematician: The Man Who Invented the H-Bomb', New York Times (9 May 1976), 201.
What made Manhattan Manhattan was the underground infrastructure, that engineering marvel.
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In science it often happens that scientists say, 'You know that's a really good argument; my position is mistaken,' and then they would actually change their minds and you never hear that old view from them again. They really do it. It doesn't happen as often as it should, because scientists are human and change is sometimes painful. But it happens every day. I cannot recall the last time something like that happened in politics or religion.
(1987) -- 
