Discoveries Are Made By Pursuing Possibilities Suggested

Discoveries Are Made By Pursuing Possibilities Suggested By Existing Knowledge.

But The System Of Prices Ruling The Market Not Only Transmits Information In The Light Of Which Economic Agents Can Mutually Adjust Their Actions, It Also Provides Them With An Incentive To Exercise Economy In Terms Of Money.

We Know More Than We Can Tell.

I Hold That The Propositions Embodied In Natural Science Are Not Derived By Any Definite Rule From The Data Of Experience, And That They Can Neither Be Verified Nor Falsified By Experience According To Any Definite Rule.

These Maxims And The Art Of Interpreting Them May Be Said To Constitute The Premisses Of Science But I Prefer To Call Them Our Scientific Beliefs. These Premisses Or Beliefs Are Embodied In A Tradition, The Tradition Of Science.