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Quote by Michael Polanyi

“The information in DNA could no more be reduced to the chemical than could the ideas in a book be reduced to the ink and paper: something beyond physics and chemistry encoded DNA.”

Quote by Michael Polanyi

Author

Michael Polanyi
Michael Polanyi

Michael Polanyi, an economic consultant, was born on March 11, 1891, in Hungary and passed away on February 22, 1976, in the United States. He had a profound impact on the field of economics, particularly in the areas of knowledge management and innovation theory. more

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“Since in every European country between 1870 and 1914 there was a war party demanding armaments, an individualist party demanding ruthless competition, an imperialist party demanding a free hand over backward peoples, a socialist party demanding the conquest of power and a racialist party demanding internal purges against aliens - all of them, when appeals to greed and glory failed, invoked Spencer and Darwin, which was to say science incarnate.”

“Anyone who has studied the history of technology knows that technological change is always a Faustian bargain: Technology giveth and technology taketh away, and not always in equal measure. A new technology sometimes creates more than it destroys. Sometimes, it destroys more than it creates. But it is never one-sided. The invention of the printing press is an excellent example. Printing fostered the modern idea of individuality but it destroyed the medieval sense of community and social integration.”