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Maurice Allais Quotes

French economist and physicist, Birth: 31-5-1911, Death: 9-10-2010
1.
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

2.
Too many theorists have a tendency to ignore facts that contradict their convictions.
Maurice Allais

3.
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.
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