Tuesday, June 25, 2013

Theories

I think it was Albert Szent-Gyorgyi (Nobelist for work on citric acid cycle and discovery of vitamin C) who said that the way to tell good theories from bad was to examine their fruits. good theories, he said, lead to discoveries and understanding. Bad theories just lead to more theories to explain the old bad ones.

So how are you doing Real Business Cycle theory? And you, String Theory?