Richard Price
Richard Price (23 February 1723 – 19 April 1791) was a Welsh
moral philosopher,
Nonconformist minister and mathematician. He was also a
political reformer,
pamphleteer, active in radical, republican, and liberal causes such as the
French and
American Revolutions. He was well-connected and fostered communication between many people, including
Thomas Jefferson,
John Adams,
George Washington,
Mirabeau and the
Marquis de Condorcet. According to the historian
John Davies, Price was "the greatest Welsh thinker of all time".
Born in
Llangeinor, near
Bridgend,
Wales, Price spent most of his adult life as minister of
Newington Green Unitarian Church, on the then outskirts of
London,
England. He edited, published and developed the
Bayes–Price theorem and the field of
actuarial science. He also wrote on issues of
demography and
finance, and was a
Fellow of the Royal Society.
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