A Quote by Winston Churchill

I pass with relief from the tossing sea of Cause and Theory to the firm ground of Result and Fact. — © Winston Churchill
I pass with relief from the tossing sea of Cause and Theory to the firm ground of Result and Fact.
...skepticism can never provide firm ground under a man's feet. And perhaps, after all, we need firm ground.
Let us be well assured of the Matter of Fact, before we trouble our selves with enquiring into the Cause. It is true, that this Method is too slow for the greatest part of Mankind, who run naturally to the Cause, and pass over the Truth of the Matter of Fact.
In these researches I followed the principles of the experimental method that we have established, i.e., that, in presence of a well-noted, new fact which contradicts a theory, instead of keeping the theory and abandoning the fact, I should keep and study the fact, and I hastened to give up the theory.
Money is a result, wealth is a result, health is a result, illness is a result, your weight is a result. We live in a world of cause and effect.
When we meet a fact which contradicts a prevailing theory, we must accept the fact and abandon the theory, even when the theory is supported by great names and generally accepted.
You go to any MBA program, and you will be taught the theory of the firm, that the purpose of the firm is the maximization of return on invested capital. I always thought this was a kind of lunacy.
A man who is all theory is like "a rudderless ship on a shoreless sea." ... Theories and speculations may be indulged in with safety only as long as they are based on facts that we can go back to at all times and know that we are on solid ground.
The fact is that when you make the other suffer, he will try to find relief by making you suffer more. The result is an escalation of suffering on both sides.
[on the theory of the firm] It is exactly analogous to the analysis of the reactions of a consumer by means of indifferent curves. Indeed, a consumer is merely a 'firm' whose product is 'utility.'
Stephen Colbert's recent comment is apropos: When the Republican legislature of North Carolina responded to a scientific study predicting a threatening rise in sea level by barring state and local agencies from developing regulations or planning documents to address the problem, Colbert responded: "This is a brilliant solution. If your science gives you a result that you don't like, pass a law saying the result is illegal. Problem solved."
The mathematical framework of quantum theory has passed countless successful tests and is now universally accepted as a consistent and accurate description of all atomic phenomena. The verbal interpretation, on the other hand - i.e., the metaphysics of quantum theory - is on far less solid ground. In fact, in more than forty years physicists have not been able to provide a clear metaphysical model.
I have hardly begun to live on Staten Island yet; but, like the man who, when forbidden to tread on English ground, carried Scottish ground in his boots, I carry Concord ground in my boots and in my hat,--and am I not made of Concord dust? I cannot realize that it is the roar of the sea I hear now, and not the wind in Walden woods. I find more of Concord, after all, in the prospect of the sea, beyond Sandy Hook, than in the fields and woods.
But the wicked are like the tossing sea, which cannot rest, whose waves cast up mire and mud.
Relief is a wonderful emotion, highly underrated. In fact, I prefer it to elation or joy. Relief lets the air out of the Tire of Pain.
Economic life, as always, is a matrix in which result becomes cause and cause becomes result.
It is easy to obtain confirmations, or verifications, for nearly every theory-if we look for confirmations. Confirmations should count only if they are the result of risky predictions... A theory which is not refutable by any conceivable event is non-scientific. Irrefutability is not a virtue of a theory (as people often think) but a vice. Every genuine test of a theory is an attempt to falsify it, or refute it.
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