Maurice Allais
Maurice Allais
Maurice Félix Charles Allaiswas a French economist, the 1988 winner of the Nobel Memorial Prize in Economics "for his pioneering contributions to the theory of markets and efficient utilization of resources"...
NationalityFrench
ProfessionEconomist
Date of Birth31 May 1911
CountryFrance
based consequences distinct model observed science scientific statement
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.
cancer credit facts
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.
reality circles ignorant
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.
facts conviction tendencies
Too many theorists have a tendency to ignore facts that contradict their convictions.
real data judging
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.