Ah, I think we are responding to two separate issues. I was referring to Rudin as a mathematical treatment of calculus, in the definition-theorem-proof style, to be contrasted with the more popular and easy heuristic…
In mathematics, my experience falls emphatically on this explanation: "Hard texts are that much better than anything else." Books like Rudin's Principles of Mathematical Analysis are mathematics; their more accessible…
Financial economics literature is quite heavy on stochastic processes. This requires a sophisticated treatment of probability, which in turn necessitates familiarity with measure theory. Throw some stochastic…
Ah, I think we are responding to two separate issues. I was referring to Rudin as a mathematical treatment of calculus, in the definition-theorem-proof style, to be contrasted with the more popular and easy heuristic…
In mathematics, my experience falls emphatically on this explanation: "Hard texts are that much better than anything else." Books like Rudin's Principles of Mathematical Analysis are mathematics; their more accessible…
Financial economics literature is quite heavy on stochastic processes. This requires a sophisticated treatment of probability, which in turn necessitates familiarity with measure theory. Throw some stochastic…