Combining Texts

All the ideas for 'Philosophical Essay on Probability', 'Philosophy of Natural Science' and 'The Wealth of Nations'

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5 ideas

13. Knowledge Criteria / C. External Justification / 7. Testimony
The reliability of witnesses depends on whether they benefit from their observations [Laplace, by Hacking]
     Full Idea: The credibility of a witness is in part a function of the story being reported. When the story claims to have infinite value, the temptation to lie for personal benefit is asymptotically infinite.
     From: report of Pierre Simon de Laplace (Philosophical Essay on Probability [1820], Ch.XI) by Ian Hacking - The Emergence of Probability Ch.8
     A reaction: Laplace seems to especially have reports of miracles in mind. This observation certainly dashes any dreams one might have of producing a statistical measure of the reliability of testimony.
14. Science / D. Explanation / 1. Explanation / b. Aims of explanation
Scientific explanation aims at a unifying account of underlying structures and processes [Hempel]
     Full Idea: What theoretical scientific explanation aims at is an objective kind of insight that is achieved by a systematic unification, by exhibiting the phenomena as manifestations of common underlying structures and processes that conform to testable principles.
     From: Carl Hempel (Philosophy of Natural Science [1967], p.83), quoted by Laurence Bonjour - The Structure of Empirical Knowledge 5.3
     A reaction: This is a pretty good statement of scientific essentialism, and structures and processes are what I take Aristotle to have had in mind when he sought 'what it is to be that thing'. Structures and processes give stability and powers.
16. Persons / F. Free Will / 6. Determinism / a. Determinism
If a supreme intellect knew all atoms and movements, it could know all of the past and the future [Laplace]
     Full Idea: An intelligence knowing at an instant the whole universe could know the movement of the largest bodies and atoms in one formula, provided his intellect were powerful enough to subject all data to analysis. Past and future would be present to his eyes.
     From: Pierre Simon de Laplace (Philosophical Essay on Probability [1820]), quoted by Mark Thornton - Do we have free will? p.70
23. Ethics / B. Contract Ethics / 1. Contractarianism
People prepare our dinner from their own self-interest, not from humanity [Smith,A]
     Full Idea: It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest. We address ourselves, not to their humanity but to their self-love.
     From: Adam Smith (The Wealth of Nations [1776], p.26-7), quoted by Amartya Sen - The Idea of Justice 08 'Narrowing'
     A reaction: Sen passionately pleads that this not be taken out of context. It is about the motivation for the relationship of exchange, and not about morality in general, which also includes trust etc. The subsequent lines in Smith show this.
24. Political Theory / D. Ideologies / 11. Capitalism
Selfish profit-seeking increases collective wealth, so greed is good, and egoism is altruism [Smith,A, by Harari]
     Full Idea: Smith's claim that the selfish human urge to increase private profits is the basis for collective wealth is one of the most revolutionary ideas in human history. …Greed is good …and egoism is altruism.
     From: report of Adam Smith (The Wealth of Nations [1776]) by Yuval Noah Harari - Sapiens: brief history of humankind 16 'Growing'
     A reaction: The central confrontation of political philosophy still seems to be Adam Smith v Karl Marx. Why can't there be altruistic non-greedy profit-seeking? Not 'I want profits' but 'we want profits'. Altruistic capitalists aim to create jobs.