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While in theory randomness is an intrinsic property, in practice, randomness is incomplete information.
Nassim Nicholas Taleb
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In the Autumn semester, 1955, I taught Principles of Economics, and found it a challenge to convey basic microeconomic theory to students. Why/how could any market approximate a competitive equilibrium? I resolved that on the first day of class the following semester, I would try running a market experiment that would give the students an opportunity to experience an actual market, and me the opportunity to observe one in which I knew, but they did not know what were the alleged driving conditions of supply and demand in that market
Vernon L. Smith
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It seems to me obvious that infants and many animals that do not in any ordinary sense have a language or perform speech acts nonetheless have Intentional states. Only someone in the grip of a philosophical theory would deny that small babies can literally be said to want milk and that dogs want to be let out or believe that their master is at the door.
John Searle
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In architectural history then the focus on the biography either of an architect or sometimes a patron separates 'architecture' from the function of the building, the theory of the processes of architecture and the broader social and cultural significance. To this end architecture is presented in a kind of historical cul-de-sac divorced from any contemporary or theoretical meaning it may have.
Dana Arnold
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Theoretical physicists accept the need for mathematical beauty as an act of faith...For example, the main reason why the theory of relativity is so universally accepted is its mathematical beauty.
Paul Dirac
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The philosopher of science is not much interested in the thought processes which lead to scientific discoveries; he looks for a logical analysis of the completed theory, including the relationships establishing its validity. That is, he is not interested in the context of discovery, but in the context of justification.
Hans Reichenbach
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Religion is not simply a theory, it is a higher life, of which morality is an integral part - a life devoted to the worship of the good and the true, for God, the absolute, is the supreme source of all perfection.
African Spir
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A large part of the relativity community is in denial - refusing even to contemplate the idea that black holes may not exist in nature, or seriously consider the idea that any kind of new matter such as the new putative dark energy can play a fundamental role in gravity theory.
John Moffat
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He stands alone in unapproachable grandeur. Nineteen centuries roll away, and His character so lives that He inspires, millions of men with impassioned love. Other men may seem to be children of their surroundings; He became what He was despite His surroundings, and is the only one who can say in truth and holiness, "Do as I have done." He, the ideal, the perfect one of our race, appears in an age when such an ideal could not have been developed in act — could not have been conceived in thought. In the theory of development the perfection of humanity is the final result of man's history ages hence. Christ therefore is the great miracle which more than any other establishes the fact of miracles. Christ Himself is proof of His own miracles.
Richard Reynolds
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A work on tidal theory... led me to Lagrange's Mécanique analytique and thereby I returned to those ideas of analysis. All the developments in that work were transformed through the principles of the new analysis in such a simple way that the calculations often came out more than ten times shorter than in Lagrange's work.
Hermann Grassmann
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At the Everyman Cinema there is a season of Satyajit Ray. He watches the Apu trilogy on successive nights in a state of rapt absorption. In Apu's bitter, trapped mother, his engaging, feckless father he recognizes, with a pang of guilt, his own parents. But it is the music above all that grips him, dizzyingly complex interplays between drums and stringed instruments, long arias on the flute whose scale or mode — he does not know enough about music theory to be sure which — catches at his heart, sending him into a mood of sensual melancholy that last long after the film has ended.
J. M. Coetzee
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Myrdalian ex ante language would have saved the General Theory from describing the flow of investment and the flow of saving as identically, tautologically equal, and within the same discourse, treating their equality as a condition which may, or not, be fulfilled
G. L. S. Shackle
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We must respect the other fellow's religion, but only in the sense and to the extent that we accept his theory that his wife is beautiful and his children smart.
H. L. Mencken
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My belief is based on the fact that string theory is the first science in hundreds of years to be pursued in pre-Baconian fashion, without any adequate experimental guidance.
Philip Warren Anderson
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It seems clear that [set theory] violates against the essence of the continuum, which, by its very nature, cannot at all be battered into a single set of elements. Not the relationship of an element to a set, but of a part to a whole ought to be taken as a basis for the analysis of a continuum.
Hermann Weyl
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I was evidence of the theory that books are made out of other books... But I did not remain so for long, nor do I believe any potential writer could.
Nadine Gordimer
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Lacanian theory must be understood as a kind of slave morality.
Judith Butler
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The human species, according to the best theory I can form of it, is composed of two distinct races, the men who borrow and the men who lend.
Charles Lamb
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This article [entitled A framework for the comparative analysis of organizations], was one of three independent statements in 1967 of what came to be called "contingency theory." It held that the structure of an organization depends upon (is 'contingent' upon) the kind of task performed, rather than upon some universal principles that apply to all organizations. The notion was in the wind at the time.
Charles Perrow
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Keynesian economics — the go - to theory for those who like government at the controls of the economy — is in the forefront of the ongoing debate on fiscal - stimulus packages. For example, in true Keynesian spirit, Agriculture Secretary Tom Vilsack said recently that food stamps were an "economic stimulus" and that "every dollar of benefits generates $1.84 in the economy in terms of economic activity." Many observers may see how this idea—that one can magically get back more than one puts in — conflicts with what I will call "regular economics." What few know is that there is no meaningful theoretical or empirical support for the Keynesian position.
Robert Barro
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I need an endorphin boost. And making out in an abandoned barn with me will give you one? No, it will probably put me in an endorphin coma, and I'm more than happy to test the theory.
Becca Fitzpatrick
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At first view it might seem not to square with the republican theory, to suppose either that a majority have not the right, or that a minority will have the force to subvert a government.... But theoretic reasoning in this, as in most other cases, must be qualified by the lessons of practice.
James Madison
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Strategic alliances are increasingly common, as many organizations look towards various partnering arrangements. This second edition of Strategies of Cooperation extends the first edition's clear and comprehensive survey of strategic alliances. Presenting different disciplinary perspectives (economics, strategy, organization theory) and numerous examples from the corporate world. The text has been thoroughly revised and updated, taking account of new theoretical models, and its coverage of case studies has been extended. It will be ideal for business students and managers alike wishing to understand the challenges of managing alliances.
John Child
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Why does everyone take for granted that we don't learn to grow arms, but rather, are designed to grow arms? Similarly, we should conclude that in the case of the development of moral systems; there's a biological endowment which in effect requires us to develop a system of moral judgment and a theory of justice, if you like, that in fact has detailed applicability over an enormous range.
Noam Chomsky
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This book is intended as an exploratory sketch of a revolutionary scientific perspective and conceptual framework as it might be applied to sociocultural systems. This point of view and still developing framework, as interpreted here, stems from the General Systems Research movement and the now closely allied fields of Cybernetics and information or communication theory.
Walter F. Buckley
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Good authors, too, who once knew better words Now only use four-letter words Writing prose — Anything goes.
Cole Porter
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