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Well physicists try to make models that explain everything, so once you do get to the end you have the law. In fundamental physics we haven't gotten there but t
by lordnacho 3y ago
Well physicists try to make models that explain everything, so once you do get to the end you have the law. In fundamental physics we haven't gotten there but there's probably examples in other areas where we basically don't think it's gonna change.
In finance nobody thinks they have anything approaching a law, just a regularity that somewhat predicts some phenomenon well enough to make some bucks. There's no suggestion that all the effects are captured.
- Pyramus 3y ago> so once you do get to the end you have the law There is no end. Laws are just very very well performing models. But every 'law' breaks down if you violate the assumptions of the model: make things too big/small/hot/cold etc.
- lordnacho 3y ago> There is no end. You get to the end of whatever evidence you can gather. If you can explain that, you can't (and don't need) more refinements.