Summary
The quote suggests that the concept of arbitrage proof has gained significant acceptance and application in both the fields of finance and economics. Arbitrage proof refers to a mathematical or empirical demonstration that a particular investment or trading strategy can yield risk-free profits. This approach has become increasingly influential in these disciplines as it provides a rigorous method to evaluate investment opportunities, pricing models, and market efficiency. The widespread usage of arbitrage proof signifies its effectiveness in identifying and exploiting market inefficiencies to generate profitable outcomes.