Mathematics in Actuarial Science

A mathematician, like a painter or poet, is a maker of patterns. If his patterns are more permanent than theirs, it is because they are made with ideas.

We say that the string is 'random' if there is no other representation of the string which is shorter than itself. But we will say that it is 'non-random' if there does exist such an abbreviated representation. ... In general, the shorter the possible representation... the less random... On this view we recognize science to be the search for algorithmic compressions. ... It is simplest to think of mathematics as the catalogue of all possible patterns. ... When viewed in this way, it is inevitable that the world is described by mathematics. ...In many ways the search for a Theory of Everything is a manifestation of a faith that this compression goes all the way down to the bedrock of reality...

Too often, this concern for the big picture is simply obscurantist and is put forward by people who prefer vagueness and mystery to (partial) answers. Vagueness is at times necessary and mystery is never in short supply, but I don’t think they’re anything to worship. Genuine science and mathematical precision are more intriguing than are the “facts” published in supermarket tabloids or a romantic innumeracy which fosters credulity, stunts skepticism, and dulls one to real imponderables.