Finance: A New Theoretical Foundation

When I started to learn finance many years ago, I got some simple questions. These questions turned out to have simple answers. But the textbooks and mainstream literature won’t discuss them.

In theory, as in theology, simple and fundamental questions are not discussed. If you try to communicate, you will get excommunicated.

Now I put together the discussion on finance into a thin volume, Finance: A New Theoretical Foundation. The basic ideas are presented in the preface and the introduction. Please have a look when you have time. Your comment and advice are greatly appreciated.

The draft of the book can be found at 

https://www.researchgate.net/publication/359343468_Finance_A_New_Theoretical_Foundation