Observation Quotes - page 8
There is little doubt that the observation that quality may depend on price (productivity on wages; default probability on interest rates) has provided a rich mine for economic theorists: A simple modification of the basic assumptions results in a profound alteration of many of the basic conclusions of the standard paradigm. The Law of Supply and Demand has been repealed. The Law of the Single Price has been repealed. The Fundamental Theorem of Welfare Economics has been shown not to be valid.
More than that, the theories that we describe here provide the basis of progress toward a unification of macroeconomics and microeconomics. They pro vide an explanation of unemployment and credit rationing, derived from basic microeconomic principles. It is a theory in which the extensive idleness that periodically confronts society's resources, human and capital, is seen as but the most obvious example of market failures that prevasively and persistently distort the allocation of resources.
Joseph Stiglitz
There is an honesty in science which demands that the best means be used for the determination of truth. Certainly there are many sorts of truth in the universe, and many aspects of truth must be taken into account if man is to live most effectively in the social organization to which he belongs. But in regard to matter---the stuff of which both non-living materials and living organisms are made---scientists believe that there is no better way of obtaining information than that provided by human sense organs. No theory, no philosophy, no body of theology, no political expediency, no wishful thinking, can provide a satisfactory substitute for the observation of material objects and of the way in which they behave. (page 9).
Alfred Kinsey
The possible truths, hazily perceived in the world of abstraction, like those inferred from observation and experiment in the world of matter, are forced upon the profane multitudes, too busy to think for themselves, under the form of Divine revelation and scientific authority. But the same question stands open from the days of Socrates and Pilate down to our own age of wholesale negation: is there such a thing as absolute truth in the hands of any one party or man? Reason answers, "there cannot be." There is no room for absolute truth upon any subject whatsoever, in a world as finite and conditioned as man is himself. But there are relative truths, and we have to make the best we can of them.
Helena Petrovna Blavatsky
In many different fields, empirical phenomena appear to obey a certain general law, which can be called the Law of Large Numbers. This law states that the ratios of numbers derived from the observation of a very large number of similar events remain practically constant, provided that these events are governed partly by constant factors and partly by variable factors whose variations are irregular and do not cause a systematic change in a definite direction.
Siméon Denis Poisson
Actors are observers. They're trying to have an understanding of human sensibility. And how do you have that accurate observation if you regard yourself as someone of great importance? When you're the one constantly being observed, because they view you as a celebrity? It's all wrong.
Hayden Christensen
What place do we occupy in the "universe"? A point, if that! Why reproach ourselves when we are evidently so insignificant? Once we make this observation, we grow calm at once: henceforth, no more bother, no more frenzy, metaphysical or otherwise. And then that point dilates, swells, substitutes itself for space. And everything begins all over again.
Emil Cioran
[H]ow much of the fundamentals of Astronomy may be obtained with the coarsest observation with the unaided eye. ...the science which is thus obtained by personal observations is vastly superior (as far as it goes) to that which is obtained by any other method. ...The knowledge ...inferred from actual personal observation carries with it a degree of reality and certainty, as the veritable science of external objects, which nothing else can give.
George Biddell Airy
Probably, I wound up-if not as a jack-of-all-trades-at best as a thirdrate polymath never able to focus these curiosities into a commanding "view of life.” The most practical solution appeared to be to make a profession of observation, to become a reporter simply, a profession easily damned as that of a fence-sitter, a moral coward unwilling to take a stand, a chronic water-treader who lacks the strength to take the plunge. To these strictures, I can only reply that once every four years at least I take a stand: I vote. And immediately afterward return to my reporting habits and the continuing discovery that in life the range of irreconcilable points of view, characters, flaws, idiosyncrasies and virtues is astounding, and that in politics there is very often much to be said on both sides, and sometimes on three or four.
Alistair Cooke
All thought of something is at the same time self-consciousness [...] At the root of all our experiences and all our reflections, we find [...] a being which immediately recognises itself, [...] and which knows its own existence, not by observation and as a given fact, nor by inference from any idea of itself, but through direct contact with that existence. Self-consciousness is the very being of mind in action.
Maurice Merleau-Ponty
The Reward due to so great and Distinguished a Character. The Subscribers beg leave to Report to your Honorable. House (Which We do in justice to the Character of so Brave a man) that under Our Own observation, we declare that A Negro Man Called Salem Poor of Col. Fryes Regiment, Capt. Ames. Company in the late Battle of Charleston, behaved like an Experienced Officer, as Well as an Excellent Soldier, to Set forth Particulars of his Conduct would be Tedious, We Would Only beg leave to say in the Person of this Negro Centers a Brave & gallant Soldier.
William Prescott
The law that entropy always increases, holds, I think, the supreme position among the laws of Nature. If someone points out to you that your pet theory of the universe is in disagreement with Maxwell's equations - then so much the worse for Maxwell's equations. If it is found to be contradicted by observation - well, these experimentalists do bungle things sometimes. But if your theory is found to be against the second law of thermodynamics I can give you no hope; there is nothing for it but to collapse in deepest humiliation.
Arthur Eddington
As nations are among the largest and the most complete divisions into which society is formed, the grandest aggregations of organized human power; as they raise to observation and distinction the world's greatest men, and call into requisition the highest order of talent and ability for their guidance, preservation and success, they are ever among the most attractive, instructive and useful subjects of thought, to those just entering upon the duties and activities of life.
Frederick Douglass
He has made contributions to many areas of science; among them are agronomy, anthropology, astronomy, bacteriology, botany, economics, forestry, meteorology, psychology, public health, and-above all-genetics, in which he is recognized as one of the leaders. Out of this varied scientific research and his skill in mathematics, he has evolved systematic principles for the interpretation of empirical data; and he has founded a science of experimental design. On the foundations he has laid down, there has been erected a structure of statistical techniques that are used whenever people attempt to learn about nature from experiment and observation.
Ronald Fisher
Ever since Sir Isaac Newton's times, scientists have worked in the same sort of way:
They show a great respect for experiment and observation,
They don't cherry pick data,
They take a skeptical approach to what they do.
And then scientists work together to get a consensus as to what should be believed
And that generates very reliable knowledge and that reliable knowledge drives innovation.
Paul Nurse
