“Quantum physics presents a new and exciting worldview that challenges old concepts, such as deterministic trajectories of motion and causal continuity. If initial conditions do not forever determine an object's motion, if instead, every time we observe, there is a new beginning, then the world is creative at the base level.” IfsWorldChallengesLevelsForeverCreativeConditionsObjectsConceptsExcitingDeterminePhysicsQuantumNew BeginningsInitialsContinuityWorldviewQuantum PhysicsTrajectory Book:The Self-Aware Universe Source: The Self-Aware Universe
“Religion and science, for example, are often though to be opponents, but as I have shown, the insights of ancient religions and of modern science are both needed to reach a full understanding of human nature and the conditions of human satisfaction. The ancients may have known little about biology, chemistry, physics, but many were good psychologists.” HumansMayLittlesUnderstandingKnownModernConditionsHuman NatureExampleNeededAncientSatisfactionInsightPhysicsOpponentsBiologyChemistryScience And ReligionPsychologistModern Science Book:The Happiness Hypothesis: Finding Modern Truth in Ancient Wisdom Source: The Happiness Hypothesis: Finding Modern Truth in Ancient Wisdom
“I have concluded that most PhD economists under appraise the power of the common-stock-based "wealth effect," under current extreme conditions... "Wealth effects" involve mathematical puzzles that are not nearly so well worked out as physics theories and never can be... What has happened in Japan over roughly the last ten years has shaken up academic economics, as it obviously should, creating strong worries about recession from "wealth effects" in reverse.” ShouldWellsStrongWealthCommonWorryHappenedConditionsEffectsTheoryCreatingEconomicsCurrentsExtremesPhysicsMathematicalAcademicReversePuzzlesEconomistRecessionsPhdsAppraise Author:Charlie Munger