A theory is only as good as its assumptions. If the premises are false, the theory has no real scientific value. The only scientific criterion for ju… - Maurice Allais

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A theory is only as good as its assumptions. If the premises are false, the theory has no real scientific value. The only scientific criterion for judging the validity of a scientific theory is a confrontation with the data of experience.

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About Maurice Allais

Maurice Félix Charles Allais (31 May 1911 – 9 October 2010) was a French physicist and economist, and the 1988 laureate of the Nobel Memorial Prize in Economics "for his pioneering contributions to the theory of markets and efficient utilization of resources". Besides his career in economics, Maurice Allais performed experiments between 1952 and 1960 in the field of gravitation, special relativity and electromagnetism, and discovered the Allais effect.

Also Known As

Alternative Names: Maurice Félix Charles Allais
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