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Articles on 18th century

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The spinning wheel game ‘EO’ became popular after statutes banned gambling with devices featuring ‘numbers or figures.’ Heritage Art/Getty Images

How the 18th-century ‘probability revolution’ fueled the casino gambling craze

Early writers on probability had explained how the ‘house advantage’ didn’t need to be large for a gambling enterprise to profit enormously. But gamblers and gambling operators were slow to catch on.
Sam Bankman-Fried, once considered a star in the freewheeling world of cryptocurrency, has been charged with conspiracy, fraud and money laundering. Stefani Reynolds/AFP via Getty Images

FTX’s collapse mirrors an infamous 18th century British financial scandal

In the Charitable Corporation Scandal, a group of politically connected directors leveraged the company’s altruistic image to attract investors – before raiding the funds to prop up other ventures.
Ben Franklin, center, inserted an abortion recipe in a popular textbook he republished in 1748. GraphicaArtis/Getty Images

Abortion decision cherry-picks history – when the US Constitution was ratified, women had much more autonomy over abortion decisions than during 19th century

A scholar of 18th-century America and the founders analyzes the Supreme Court opinion overturning the constitutional right to abortion, which he says relies on an incomplete version of US history.

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