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The reality is that the insti...

The reality is that the institutional framework in which Wall Street operates is fundamentally inappropriate, and it inevitably generates violent fluctuations of the market.

Maurice Allais 4 quotes

It would be just as pointless...

It would be just as pointless to oppose the international use of English today as it would have been to oppose the worldwide use of French in the 18th century.

Maurice Allais 4 quotes

Throughout the years followin...

Throughout the years following World War II and until the formation of the European Economic Community in 1958, I was very active as a national or international rapporteur at many of the international conferences aiming to establish an European community.

Maurice Allais 4 quotes

At the beginning of my career...

At the beginning of my career, my desire to understand was associated with a profound desire to act, with the wish to influence opinion and policy; but, over the years, this motivation has come to be of secondary importance, far behind my desire to understand.

Maurice Allais 4 quotes

My approach has never been to...

My approach has never been to start from theories to arrive at facts, but on the contrary, to try to bring out from the facts the explanatory thread without which they appear incomprehensible and elude effective action.

Maurice Allais 4 quotes

In August 1914, my father was...

In August 1914, my father was called to war and then taken prisoner. He died in captivity in Germany on March 27, 1915. My youth - indeed, my entire life - was deeply marked by this, directly and indirectly.

Maurice Allais 4 quotes

All science is based on model...

All science is based on models, and every scientific model comprises three distinct stages: statement of well-defined hypotheses; deduction of all the consequences of these hypotheses, and nothing but these consequences; confrontation of these consequences with observed data.

Maurice Allais 4 quotes

My motivation was an idea of ...

My motivation was an idea of being able to improve the conditions of life, to try to find a remedy to many of the problems facing the world. That's what led me into economics. I saw it as a way of helping people.

Maurice Allais 4 quotes

In fact, without any exaggera...

In fact, without any exaggeration, the current mechanism of money creation through credit is certainly the "cancer" that's irretrievably eroding market economies of private property.

Maurice Allais 4 quotes

Anyone who dares to speak abo...

Anyone who dares to speak about an aether is regarded as an ignorant and backward mind and he can only lose his credibility in scientific circles, although in reality those who criticize him use the same concept of intermediate medium in other words, whether it be fields, an associated fluid, a probability fluid, a pilot fluid, a quantum fluid, etc.

Maurice Allais 4 quotes

A theory is only as good as i...

A theory is only as good as its assumptions. If the premises are false, the theory has no real scientific value. The only scientific criterion for judging the validity of a scientific theory is a confrontation with the data of experience.

Maurice Allais 4 quotes

Anyone who dares to speak abou...

Anyone who dares to speak about an aether is regarded as an ignorant and backward mind and he can only lose his credibility in scientific circles, although in reality those who criticize him use the same concept of intermediate medium in other words, whether it be fields, an associated fluid, a probability fluid, a pilot fluid, a quantum fluid, etc.

Maurice Allais 4 quotes

A theory is only as good as it...

A theory is only as good as its assumptions. If the premises are false, the theory has no real scientific value. The only scientific criterion for judging the validity of a scientific theory is a confrontation with the data of experience.

Maurice Allais 4 quotes

Too many theorists have a tend...

Too many theorists have a tendency to ignore facts that contradict their convictions.

Maurice Allais 4 quotes

In fact, without any exaggerat...

In fact, without any exaggeration, the current mechanism of money creation through credit is certainly the 'cancer' that's irretrievably eroding market economies of private property.

Maurice Allais 4 quotes

Добрые, щедрые, великодушные: 6 советских актеров, которые были всеобщими любимчиками

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Остаться на вершине в Голливуде удаётся не каждому, особенно если путь начался в детстве. Одни актёры теряются из-за...

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