Observation Quotes - page 6
As a theorist I have great advantages. All I need is a pencil (now a ball pen) and an empty pad of paper. There are analysts who sit and look vacantly out the window, but after the age of 20 I was not one of them. I ought to envy the new generation who have grown up with the computer, but I don't. None of them known to me sits idly at the console, improvising and experimenting in the way that a composer does at the piano. That ought to become increasingly possible. But up to now, in my observation, the computer is largely a black box into which researchers feed raw input and out of from which they draw various summarizing measures and simulations. Not having access to look around in the box, the investigator has less intuitive familiarity with the data than used to be the case in the bad old days.
Paul Samuelson
In conclusion, it appears to me that nothing can be more improving to a young naturalist, than a journey in distant countries. It both sharpens, and partly likewise allays that want and craving, which, as Sir J. Herschel remarks, a man experiences although every corporeal sense is fully satisfied. The excitement from the novelty of objects, and the chance of success, stimulate him to increased activity. Moreover as a number of isolated facts soon become uninteresting, the habit of comparison leads to generalization. On the other hand, as the traveller stays but a short space of time in each place, his descriptions must generally consist of mere sketches, instead of detailed observation. Hence arises, as I have found to my cost, a constant tendency to fill up the wide gaps of knowledge, by inaccurate and superficial hypotheses.
Charles Darwin
The main development I want to discuss has already occurred: Keynesian economics is dead [maybe ‘disappeared' is a better term]. I don't know exactly when this happened but it is true today and it wasn't true two years ago. This is a sociological not an economic observation, so the evidence for it is sociological. For example, you cannot find a good, under 40 economist who identifies himself and his work as ‘Keynesian'. Indeed, people even take offense if referred to in this way. At research seminars, people don't take Keynesian theorizing seriously any more-the audience starts to whisper and giggle to one another. Leading journals aren't getting Keynesian papers submitted any more.
Robert Lucas, Jr.
In science, conjecture drives both experiment and theory for it is only by forming conjectures (hypotheses) that we can make the direction of our experiments and theories informed. If such and such is true, then I should be able to do this experiment and look for this particular result or I should be able to find this theoretical formulation. Conversely, experiment and theory drive conjecture. One makes a startling observation or has a sudden insight and begins to speculate on its significance and implications and to draw possible conclusions.
Robert Curl
General principles are not the less true or important because, from their nature they elude immediate observation; they are like the air, which is not the less necessary because we neither see nor feel it, or like that secret influence which binds the world together and holds the planets in their orbits.
William Hazlitt
It is woman's peculiar gifts, as well as man's, which make nonesense of any literal-minded notion of 'equality' of the sexes. Nobody could do greater harm to woman's real progress than to confuse 'equality' on the one hand with 'equality of opportunity' on the other. The Moslem religion and all the other great world faiths teach the complementary relationship of man and woman. They all reject the idea of their being 'equal' in the sense of identical or synonymous. Observation and common sense teach the same truths.
Muhammad Reza Pahlavi
As is often the case with major disputes in economics, the argument over fiscal policy went on for years, with some critics of fiscal policy still defending their position when this book went to press. It seems fair, however, to say that among economists a more or less Keynesian view of the effects of fiscal policy came to prevail. Careful statistical studies at the International Monetary Fund and else where showed that austerity policies have historically been followed by contraction, not expansion. Recent experience, in which countries like Spain and Greece that were forced into severe austerity also experienced severe slumps, seemed to confirm that observation. Furthermore, it was clear that those who had predicted a sharp rise in U. S. interest rates due to budget deficits, leading to conventional crowding out, had been wrong: U. S. long-term interest rates remained near record lows even during the years from 2009 to 2012, when the government ran very large deficits.
Paul Krugman
The attack on economics sprang rather from a dislike of the application of scientific methods to the investigation of social problems. The existence of a body of reasoning which prevented people from following their first impulsive reactions, and which compelled them to balance indirect effects, which could be seen only by exercising the intellect, against intense feeling caused by the direct observation of concrete suffering, then as now, occasioned intense resentment.
Friedrich Hayek
In the year 1783 I finished a very good twenty-foot reflector with a large aperture, and mounted it upon the plan of my present telescope. After two years' observation with it, the great advantage of such apertures appeared so clearly to me that I recurred to my former intention of increasing them still further; and being now sufficiently provided with experience in the work which I wished to undertake, the President of the Royal Society, who is always ready to promote useful undertakings, had the goodness to lay my design before the king. His Majesty was graciously pleased to approve of it, and with his usual liberality to support it with his royal bounty.
William Herschel
Unfortunately... the philosophy of Aristotle laid it down as a principle, that the celestial motions were regulated by laws proper to themselves, and bearing no affinity to those which prevail on earth. By thus drawing a broad and impassable line of separation between celestial and terrestrial mechanics, it placed the former altogether out of the pale of experimental research, while it at the same time impeded the progress of the latter by the assumption of principles respecting natural and unnatural motions, hastily adopted from the most superficial and cursory and remark, undeserving even the name of observation. Astronomy therefore continued for ages a science of mere record, in which theory had no part, except in so far as it attempted to conciliate the inequalities of the celestial motions with that assumed law of uniform circular revolution which was alone considered consistent with the perfection of the heavenly mechanism.
John Herschel
Well, it [ (Pop Art ] is an involvement with what I think to be the most brazen and threatening characteristics of our culture, things we hate, but which are also powerful in their impingement on us. I think art since Paul Cezanne has become extremely romantic and unrealistic, feeding on art; it is utopian. It has had less and less to do with the world, it looks inward – neo Zen and all that. This is not so much a criticism as an obvious observation. Outside is the world; it's there. Pop Art looks out into the world; it appears to accept its environment, which is not good or bad, but different – another state of mind.
Roy Lichtenstein
The further away a scholarly opinion is from direct observation and the more abstract and ‘theoretical' it is, the more defenseless it becomes against insidious opportunist errors of judgment. In economics, model thinking in particular creates scope for systematic biases... But of course all social studies must nevertheless aim at generalization. It is thus important to be able to think concretely at the same time, as I learnt from Gustav Cassel.
Gunnar Myrdal
