During and after World War II, a large number of academic economists were exposed directly to business life, and had more or less extensive opportunities to observe how decisions were actually made in business organizations. Moreover, those who became active in the development of the new management science were faced with the necessity of developing decision-making procedures that could actually be applied in practical situations. Surely these trends would be conducive to moving the basic assumptions of economic rationality in the direction of greater realism.
Herbert SimonRelated topics
academic active basic business developing development direction large less life management moving necessity number observe practical rationality realism science war world decision-makingRelated quotes
There cannot be a greater mistake than that of looking superciliously upon the practical applications of science. The life and soul of science is its practical application; and just as the great advances in mathematics have been made through the desire of discovering the solution of problems which were of a highly practical kind in mathematical science, so in physical science many of the greatest advances that have been made from the beginning of the world to the present time have been made in earnest desire to turn the knowledge of the properties of matter to some purpose useful to mankind.
William Thomson
It is quite evident that the Soviet system today represents the exact opposite of almost everything that the left in the West is striving for - obsessive state secrecy rather than freedom of information, centralised bureaucratic control instead of devolved decision making and public accountability, total state power over the individual as opposed to inalienable civil liberties, authoritarian economic management rather than trade union freedom and industrial democracy, and a government-manipulated media instead of greater diversity and choice in news and information sources.
Peter Tatchell
Yet we slink about like whipped curs ... our self-abasement principally takes the form of subservience to the United States ... we are under no necessity to participate in the American nightmare of a Soviet monster barely held at bay in all quarters of the globe by an inconceivable nuclear armament and by political intervention everywhere from Poland to Cambodia. It is the Americans who need us in order to act out their crazy scenario... We simply do not need to go chasing up and down after the vagaries of the next ignoramus to become President of the United States.
Enoch Powell
The Great War through which we have passed differed from all ancient wars in the immense power of the combatants and their fearful agencies of destruction, and from all modern wars in the utter ruthlessness with which it was fought. ... Europe and large parts of Asia and Africa became one vast battlefield on which after years of struggle not armies but nations broke and ran. When all was over, Torture and Cannibalism were the only two expedients that the civilized, scientific, Christian States had been able to deny themselves: and these were of doubtful utility.
Winston Churchill
This example illustrates the differences in the effects which may be produced by research in pure or applied science. A research on the lines of applied science would doubtless have led to improvement and development of the older methods - the research in pure science has given us an entirely new and much more powerful method. In fact, research in applied science leads to reforms, research in pure science leads to revolutions, and revolutions, whether political or industrial, are exceedingly profitable things if you are on the winning side.
J. J. Thomson
