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Atomic and Economic Paradoxes

Here is a quote from physicist Paul A.M. Dirac's speech at the Nobel Banquet in Stockholm, December 10, 1933:

There is in my opinion a great similarity between the problems provided by the mysterious behavior of the atom and those provided by the present economic paradoxes confronting the world. In both cases one is given a great many facts which are expressible with numbers, and one has to find the underlying principles. The methods of theoretical physics should be applicable to all those branches of thought in which the essential features are expressible with numbers.

The entire speech is here.

© 2010-2012 Stefan Hollos and Richard Hollos

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