Today's Tidbit... Inventing the Option/RPO in 1929

There's a first time for everything, and if you want to figure out the first time something occurred, you have to define that something before claiming to find its first instance. Once you define something and the earliest instance of it happening, you should remain open to finding an earlier example because it might just be sitting out there waiting for someone to find it.

Some think the first instance of something occurs when it first receives its name. But that approach can be problematic for ...