Overview
Richard Price (23 February 1723 – 19 April 1791) was a British moral philosopher, Nonconformist minister and mathematician. He was also a political reformer, pamphleteer, active in radical, republican, and liberal causes such as the French and American Revolutions. He was well-connected and fostered communication between many people, including Thomas Jefferson, John Adams, George Washington, Mirabeau and the Marquis de Condorcet. According to the historian John Davies, Price was "the greatest Welsh thinker of all time".
Born in Llangeinor, near Bridgend, Wales, Price spent most of his adult life as minister of Newington Green Unitarian Church, on the then outskirts of London, England. He edited, published and developed the Bayes–Price theorem and the field of actuarial science. He also wrote on issues of demography and finance, and was a Fellow of the Royal Society.
Early life
Born on 23 February 1723, Richard Price was the son of Rhys Price, a dissenting minister. His mother was Catherine Richards, his father's second wife. Richard was born at Tyn Ton, a farmhouse in the village of Llangeinor, Glamorgan, Wales. He was educated privately, then at Neath and Pen-twyn. He studied under Vavasor Griffiths at Chancefield, Talgarth, Powys.
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