Maurice Allais Quotes

Enjoy the top 20 famous quotes, sayings and quotations by Maurice Allais.

Maurice Allais Quotes

It is understandable that the Fed injects cash to avoid the collapse of the stock market, but basically it is bad policy for monetary authorities to intervene to save speculators from bankruptcy. This is not their role.
— Maurice Allais —

My approach has never been to start from theories to arrive at facts, but on the contrary, to try to bring out from the facts the explanatory thread without which they appear incomprehensible and elude effective action.

— Maurice Allais

All science is based on models, and every scientific model comprises three distinct stages: statement of well-defined hypotheses; deduction of all the consequences of these hypotheses, and nothing but these consequences; confrontation of these consequences with observed data.

— Maurice Allais

It would be just as pointless to oppose the international use of English today as it would have been to oppose the worldwide use of French in the 18th century.

— Maurice Allais

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