Whereas, in fact, specialised students, even after generations of effort, find it exceedingly difficult to explain such matters, and cannot agree on what are the causes or what will be the effects of particular events. The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design. To the naive mind that can conceive of order only as the product of deliberate arrangement, it may seem absurd that in complex conditions order, and adaptation to the unknown, can be achieved more effectively by decentralizing decisions and that a division of authority will actually extend the possibility of overall order. Yet that decentralization actually leads to more information being taken into account.
Friedrich HayekRelated topics
account adaptation arrangement authority complex decentralization economics effort find men mind order overall possibility take task unknown yetRelated quotes
The concepts 'system', 'apparatus', 'environment', immediately imply an artificial division of the world, and an intention to neglect, or take only schematic account of, the interaction across the split. The notions of 'microscopic' and 'macroscopic' defy precise definition. So also do the notions of 'reversible' and 'irreversible'. Einstein said that it is theory which decides what is 'observable'. I think he was right - 'observation' is a complicated and theory-laden business. Then that notion should not appear in the formulation of fundamental theory. Information? Whose information? Information about what? On this list of bad words from good books, the worst of all is 'measurement'. It must have a section to itself.
John Stewart Bell
I'm sorry to disappoint science fiction fans, but if information is preserved, there is no possibility of using black holes to travel to other universes. If you jump into a black hole, your mass energy will be returned to our universe but in a mangled form which contains the information about what you were like but in a state where it can not be easily recognized. It is like burning an encyclopedia. Information is not lost, if one keeps the smoke and the ashes. But it is difficult to read. In practice, it would be too difficult to re-build a macroscopic object like an encyclopedia that fell inside a black hole from information in the radiation, but the information preserving result is important for microscopic processes involving virtual black holes.
Stephen Hawking
The contention that control over the instruments of production is everywhere undergoing a shift, away from the capitalists proper and toward the managers, will seem to many fantastic and naive, especially if we are thinking in the first instance of the United States. Consider, it will be argued, the growth of monopoly in our times, Think of the Sixty Families, with their billions upon billions of wealth, their millions of shares of stock in the greatest corporations, and their lives which exceed in luxury and display anything even dreamed of by the rulers of past ages. The managers, even the chief of them, are only the servants, the bailiffs of the Sixty Families. How absurd to call the servant, master!
James Burnham
It is one of the most beautiful characteristics of Theosophy that it gives back to people in a more rational form everything which was really useful and helpful to them in the religions which they have outgrown... in this teaching as to the immortality of the soul and the life after death, Theosophy...does not put forward these great truths merely on the authority of some sacred book of long ago; in speaking of these subjects it is not dealing with pious opinions, or metaphysical speculations, but with solid, definite facts, as real and as close to us as the air we breathe or the houses we live in - facts of which many among us have constant experience - facts among which lies the daily work of some of our students, as will presently be seen.
Charles Webster Leadbeater
To the biologist the problem of socialism appears largely as a problem of size. The extreme socialists desire to run every nation as a single business concern. I do not suppose that Henry Ford would find much difficulty in running Andorra or Luxembourg on a socialistic basis. He has already more men on his pay-roll than their population. It is conceivable that a syndicate of Fords, if we could find them, would make Belgium Ltd. or Denmark Inc. pay their way. But while nationalization of certain industries is an obvious possibility in the largest of states, I find it no easier to picture a completely socialized British Empire or United States than an elephant turning somersaults or a hippopotamus jumping a hedge.
J. B. S. Haldane