There is today almost no scientific theory which was held when, say, the Industrial Revolution began about 1760. Most often today's theories flatly contradict those of 1760; many contradict those of 1900. In cosmology, in quantum mechanics, in genetics, in the social sciences, who now holds the beliefs that seemed firm sixty years ago? Yet the society of scientists has survived these changes without a revolution, and honors the men whose beliefs it no longer shares. No one has recanted abjectly at a trial before his colleagues. The whole structure of science has been changed and no one has been either disgraced or deposed. Through all the changes of science, the society of scientists is flexible and single-minded together, and evolves and rights itself. In the language of science, it is a stable society.
Jacob BronowskiRelated topics
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I reproach myself for a gross error. But I would reproach myself more if I had persisted in an error after observations revealed it clearly to be that. I made a deal of money in the late 1940s on the bull side, ignoring Satchel Paige's advice to Lot's wife, "Never look back.” Rather I would advocate Samuelson's Law: "Always look back. You may learn something from your residuals. Usually one's forecasts are not so good as one remembers them; the difference may be instructive.” The dictum "If you must forecast, forecast often,” is neither a joke nor a confession of impotence. It is a recognition of the primacy of brute fact over pretty theory. That part of the future that cannot be related to the present's past is precisely what science cannot hope to capture. Fortunately, there is plenty of work for science to do, plenty of scientific tasks not yet done.
Paul Samuelson
The 'new theory of money and the cycle' which is spoken of in the opening paragraph is of course Hayek's. It was from Hayek that I began - where I got to will be seen. Even at the end, I was minimising my differences from Hayek. I could do so because, as I have elsewhere explained (Economic Perspectives, p. 141n), I still thought, like Pigou and Robertson, and Hayek, but by that time unlike Keynes, that 'we were talking about fluctuations, which, since they did not result in complete collapse or complete explosion, could not have engendered an expectation of going on forever. Booms could then be considered as times of high prices, slumps as times of low prices - with regard to some norm, which throughout the which throughout the fluctuations would not be changed, or not much changed'.
John Hicks
It takes a full sixty years for the Cold Arrow Bamboo to go through the cycle of flowering, seeding, dying and for the seeds to sprout, grow, and flower. According to Buddhist teachings on transmigration this would be exactly one kalpa. "Man follows earth, earth follows sky, sky follows the way, the way follows nature, don't commit actions which go against the basic character of nature, don't commit acts which should not be committed." "Then what scientific value is there in saving the giant panda?" I ask. "It's symbolic, it's a sort of reassurance―people need to deceive themselves. We are preoccupied with saving a species which no longer has the capacity for survival and yet on the other hand we're changing ahead and destroying the very environment for the survival of the human species itself."
Gao Xingjian
It was found [in the 1970s], unexpectedly and without anyone really having a concept for it, that the rules of perturbation theory can be changed in a way that makes relativistic quantum gravity inevitable rather than impossible. The change is made by replacing point particles by strings. Then Feynman graphs are replaced by Riemann surfaces, which are smooth - unlike the graphs, which have singularities at interaction vertices. The Riemann surfaces can degenerate to graphs in many different ways. In field theory, the interactions occur at the vertices of a Feynman graph. By contrast, in string theory, the interaction is encoded globally, in the topology of a Riemann surface, any small piece of which is like any other. This is reminiscent of how non-linearities are encoded globally in twistor theory.
Edward Witten
A new development began for relativity theory after 1925 with its absorption into quantum physics. The first great success was scored by Dirac's quantum mechanical equations of the electron, which introduced a new sort of quantities, the spinors, besides the vectors and tensors into our physical theories. ...But difficulties of the gravest kind turned up when one passed from one electron or photon to the interaction among an indeterminate number of such particles. In spite of several advances a final solution of this problem is not yet in sight and may well require a deep modification of the foundation of quantum mechanics, such as would account in the same basic manner for the elementary electric charge e as relativity theory and our present quantum mechanics account for c and h.
Hermann Weyl