Firm quotes
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Contents
Isaac_Asimov
Evidence
“I believe in evidence. I believe in observation, measurement, and reasoning, confirmed by independent observers. I'll believe anything, no matter how wild and ridiculous, if there is evidence for it. The wilder and more ridiculous something is, however, the firmer and more solid the evidence will have to be.”
- Source: Isaac Asimov, In David S. Bradford, In the Beginning: Building the Temple of Zion, published 2008.
Michael_Polanyi
Scientific Method Elucidation
“Almost every major systematic error which has deluded men for thousands of years relied on practical experience. Horoscopes, incantations, oracles, magic, witchcraft, the cures of witch doctors and of medical practitioners before the advent of modern medicine, were all firmly established through the centuries in the eyes of the public by their supposed practical successes. The scientific method was devised precisely for the purpose of elucidating the nature of things under more carefully controlled conditions and by more rigorous criteria than are present in the situations created by practical problems.”
- Source: Michael Polanyi, Personal Knowledge (1958), 183.
- Keywords: Major_quotes System_quotes Error_quotes Delusion_quotes Humanity_quotes Year_quotes Practical_quotes Experience_quotes Horoscope_quotes Incantation_quotes Oracle_quotes Magic_quotes Witchcraft_quotes Cure_quotes Witch-Doctor_quotes Medical_quotes Practitioner_quotes Modern_quotes Medicine_quotes Firm_quotes Establish_quotes Century_quotes Eye_quotes Public_quotes Suppose_quotes Success_quotes Scientific_Method_quotes Devise_quotes Precision_quotes Purpose_quotes Elucidate_quotes Nature_quotes Careful_quotes Control_quotes Condition_quotes Rigorous_quotes Criteria_quotes Present_quotes Situation_quotes Create_quotes Problem_quotes Thousand_quotes Doctor_quotes Science_quotes Method_quotes
Franklin_D_Roosevelt
Fear Itself
“Let me assert my firm belief that the only thing we have to fear is fear itself. Nameless, unreasoning, unjustified terror, which paralyzes needed efforts to convert retreat into advance.”
- Source: Spoken by Franklin D. Roosevelt the 1933 U.S. presidential inaugural address, 1933-03-04.
Herbert_Simon
Organization and Market Economy
“The economic units in capitalist societies are mostly business firms, which are themselves hierarchic organizations, some of enormous size, that make almost negligible use of markets in their internal functioning. Roughly eighty percent of the human economic activity in the American economy, usually regarded as almost the epitome of a "market" economy, takes place in the internal environments of business and other organizations and not in the external, between-organization environments of markets. To avoid misunderstanding, it would be appropriate to call such a society an organization-&-market economy; for in order to give an account of it we have to pay as much attention to organizations as to markets.”
- Source: Simon, H. A. (1996). The Sciences of the Artificial (Third Edition). Computers & Mathematics with Applications (3rd ed., Vol. 33). Cambridge, MA: MIT Press. ISBN: 9780585360102. Retrieved 2018-08-23 from https://monoskop.org/images/9/9c/Simon_Herbert_A_The_Sciences_of_the_Artificial_3rd_ed.pdf. Chapter 2, page 31.
- Keywords: Economics_quotes Unit_quotes Capitalism_quotes Society_quotes Business_quotes Firm_quotes Hierarchy_quotes Organization_quotes Enormous_quotes Size_quotes Negligible_quotes Market_quotes Internal_quotes Function_quotes Human_quotes America_quotes Economy_quotes Epitome_quotes Environment_quotes External_quotes Understanding_quotes Appropriate_quotes Account_quotes Pay_quotes Attention_quotes
Invisible Hand
“In examining the processes of social coordination, economics has given top billing sometimes almost exclusive billing to the market mechanism. It is indeed a remarkable mechanism... The optimality theorems stretch credibility, so far as real-world markets are concerned, because they require substantive rationality of the kinds we found implausible in our examination of the theory of the firm. Markets populated by consumers and producers who satisfice instead of optimizing do not meet the conditions on which the theorems rest.”
- Source: Simon, H. A. (1996). The Sciences of the Artificial (Third Edition). Computers & Mathematics with Applications (3rd ed., Vol. 33). Cambridge, MA: MIT Press. ISBN: 9780585360102. Retrieved 2018-08-23 from https://monoskop.org/images/9/9c/Simon_Herbert_A_The_Sciences_of_the_Artificial_3rd_ed.pdf. Chapter 2, page 32-33.
- Keywords: Examination_quotes Process_quotes Social_quotes Coordination_quotes Economics_quotes Top_quotes Bill_quotes Exclusive_quotes Market_quotes Mechanism_quotes Optimal_quotes Theory_quotes Stretch_quotes Credible_quotes Reality_quotes World_quotes Substance_quotes Rational_quotes Plausible_quotes Examination_quotes Firm_quotes Population_quotes Consumer_quotes Producer_quotes Satisfice_quotes Optimization_quotes Condition_quotes Invisible_quotes Hand_quotes
