An important point is that the p-adic field, or respectively the real or complex field, corresponding to a prime ideal, plays exactly the role, in arithmetic, that the field of power series in the neighborhood of a point plays in the theory of functions: that is why one calls it a local field.
André WeilRelated topics
arithmetic complex corresponding field ideal local neighborhood point power prime real role series theoryRelated quotes
In mainstream economic theory, the firm and the market are, for the most part, assumed to exist and are not themselves the subject of investigation. One result has been that the crucial role of the law in determining the activities carried out by the firm and in the market has been largely ignored.
Ronald Coase
