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Friday, October 07, 2005

Now, This is interesting...

while I do want to make it clear that I am not a Socialist (I like hybrid systems) , I found a link to this on newstrolls.com and found it worth taking a gander at.
Given that Johnny von Neumann who was in the Manhattan Project, invented the modern computer and was a founding member of Princeton Center for Advanced Studies (along with Einstein) got his Nobel Prize not in quantum mechinics, cybernetics or nuclear physics, but in Economics...

...But wasn't it Richard Feynmann who said, "I believe that a scientist looking at nonscientific problems is just as dumb as the next guy."

Eh, decide for yourself this historical, but obviously interesting essay:

Why Socialism?
by Albert Einstein

This essay was originally published in the first issue of Monthly Review (May 1949).

Is it advisable for one who is not an expert on economic and social issues to express views on the subject of socialism? I believe for a number of reasons that it is.

Let us first consider the question from the point of view of scientific knowledge. It might appear that there are no essential methodological differences between astronomy and economics: scientists in both fields attempt to discover laws of general acceptability for a circumscribed group of phenomena in order to make the interconnection of these phenomena as clearly understandable as possible. But in reality such methodological differences do exist....