A Quote by Edmund Phelps
In essence, capitalist systems are a mechanism by which economies may generate growth in knowledge - with much uncertainty in the process, owing to the incompleteness of knowledge.
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The driver of the power of intelligent systems is the knowledge the systems have about their universe of discourse, not the sophistication of the reasoning process the systems employ.
I am somebody who has always struggled with uncertainty. And, of course, uncertainty is so core to life. I seek out knowledge to help me deal with that. But I'm also aware that knowledge can be really a double-edged sword.
We have no knowledge, that is, no general principles drawn from the contemplation of particular facts, but what has been built up by pleasure, and exists in us by pleasure alone. The Man of Science, the Chemist and Mathematician, whatever difficulties and disgusts they may have had to struggle with, know and feel this. However painful may be the objects with which the Anatomist's knowledge is connected, he feels that his knowledge is pleasure; and where he has no pleasure he has no knowledge.
Self-knowledge is not the knowledge of a dead self, self-knowledge is the knowledge of the process of the self. It is an alive phenomenon. The self is not a thing, it is an event, it is a process. Never think in terms of things, the self is not there inside you just like a thing waiting in your room. The self is a process: changing, moving, arriving at new altitudes, moving into new planes, going deeper into new depths. Each moment much work is going on and the only way to encounter this self is to encounter it in relationship.
It is impossible to talk of respect for students for the dignity that is in the process of coming to be, for the identities that are in the process of construction, without taking into consideration the conditions in which they are living and the importance of the knowledge derived from life experience, which they bring with them to school. I can in no way underestimate such knowledge. Or what is worse, ridicule it.
Ideas, as the raw material from which knowledge is produced, exist in superabundance, but that makes the production of knowledge more difficult rather than easier. Many ideas- probably most- will have to be discarded somewhere in the process of producing authenticated knowledge. Authentication is as important as the raw information itself, and the manner and speed of the authentication process can be crucial.
Vision, Uncertainty, and Knowledge of Materials are inevitabilities that all artists must acknowledge and learn from: vision is always ahead of execution, knowledge of materials is your contact with reality, and uncertainty is a virtue.
A science is not mere knowledge, it is knowledge which has undergone a process of intellectual digestion. It is the grasp of many things brought together in one, and hence is its power; for, properly speaking, it is Science that is power, not Knowledge.
It is the responsibility of scientists never to suppress knowledge, no matter how awkward that knowledge is, no matter how it may bother those in power; we are not smart enough to decide which pieces of knowledge are permissible, and which are not.
Engineers use knowledge primarily to design, produce, and operate artifacts. ... Scientists, by contrast, use knowledge primarily to generate more knowledge.
The growth of our knowledge is the result of a process closely resembling what Darwin called 'natural selection'; that is, the natural selection of hypotheses: our knowledge consists, at every moment, of those hypotheses which have shown their (comparative) fitness by surviving so far in their struggle for existence, a competitive struggle which eliminates those hypotheses which are unfit.
The importance of language in gaining knowledge is doubtless the chief cause of the common notion that knowledge may be passed directly from one to another. It almost seems as if all we have to do to convey an idea into the mind of another is to convey a sound into his ear. Thus imparting knowledge gets assimilated to a purely physical process.
So the problem in the West is that, especially in places like the USA, a person will obtain this much knowledge and immediately think that they have a large amount of knowledge. And then start to act on the basis of what they think, they posses. Instead of having this much knowledge and realizing that in fact this is only this much knowledge and the amount of where you can go there is where you came is much bigger than where you've already gotten.
Each is liable to panic, which is exactly, the terror of ignorance surrendered to the imagination. Knowledge is the encourager, knowledge that takes fear out of the heart, knowledge and use, which is knowledge in practice. They can conquer who believe they can. It is he who has done the deed once who does not shrink from attempting again.
Each member of society can have only a small fraction of the knowledge possessed by all, and...each is therefore ignorant of most of the facts on which the working of society rests...civilization rests on the fact that we all benefit from knowledge which we do not possess. And one of the ways in which civilization helps us to overcome that limitation on the extent of individual knowledge is by conquering intelligence, not by the acquisition of more knowledge, but by the utilization of knowledge which is and which remains widely dispersed among individuals.
My curiosity, alas, is not the kind that can be satisfied by objective knowledge. Plato said that opinion is worthless and that only knowledge counts, which is a neat formulation. ... But melancholy Danes from the northern mists understand that opinion is all there is. The great questions transcend fact, and discourse is a process of personality. Knowledge cannot respond to knowledge. And wisdom? Is it not opinion refined, opinion killed and resuscitated upward? Maybe Plato would have agreed with this.
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