Quotulatiousness

September 7, 2016

QotD: Plato, Epicurus and Democritus

Filed under: Greece, History, Quotations, Science — Tags: , , , , — Nicholas @ 01:00

For Plato, the world of appearance was a kind of dream, and the real world was something that only the initiated could begin to understand through logic and mathematics, and perhaps a dash of magic. So far as it existed, matter was evil, and the universe was strictly bounded in space and time.

For Epicurus, the world of appearance was the real world. There is a void, or vacuum, which is infinite in space and time. It has always existed. It will always exist. It goes on forever and ever. In this void is an infinite number of atoms. These are very small, and therefore imperceptible, but indivisible particles of matter. They have always existed and will always exist. They are all moving through the void at an incredibly rapid and uniform speed. The world as we see it is based on combinations of these atoms. Every atom is hooked, and the collision of atoms will sometimes lead to combinations of atoms into larger structures, some of which endure and some of which we can eventually perceive with our senses. All observed changes in the world are the result of redistributions of the invisible atoms that comprise it.

Though we are not able to see these atoms, we can infer their existence by looking at the world that our senses can perceive. All events — the wearing away of a rock by water, for example, or the growth of crystals or trees — can be fully explained by an atomic hypothesis. Since there is nothing that cannot be so explained, there is no need of any other hypotheses. In a surviving explanation of his method, he says:

    …[I]n our study of nature we must not conform to empty assumptions and arbitrary laws, but follow the prompting of the facts.

Everything in the universe is made of atoms. We are made of atoms. Our souls are made of very fine atoms. Our senses work because every other physical object is continually casting off very thin films of atoms that represent it exactly as it is. These films strike on our senses and give us vision and sound. Heat is produced by the vibration of atoms temporarily trapped in structures that prevent them from their natural onward motion.

Whether or not anyone can at any moment think of a likely explanation, all events in the universe can be explained in purely naturalistic terms. Assuming atoms and motion, no further hypotheses are needed to explain the world.

Epicurus was not the first to explain the world by an atomic hypothesis. That was Democritus (460-370 BC). But he seems to have developed the hypothesis with a consistency and detail that took it far beyond anything that earlier philosophers had conceived.

Perhaps his most notable innovation is the doctrine of the swerve. There are two objections to the atomism of Democritus. The first is that if the atoms are all moving at the same speed and in the same direction, like drops of rain, there is no reason to suppose they will ever collide and form larger compounds. The second is that if they are not moving in the same direction, they will collide, but they will form a universe locked into an unbreakable sequence of cause and effect. This conflicts with the observed fact of free will.

And so Epicurus argues that every atom is capable of a very small and random deviation from its straight motion. This is enough to give an indeterminacy to the universe that does not conflict with an overall regularity of action.

Sean Gabb, “Epicurus: Father of the Englightenment”, speaking to the 6/20 Club in London, 2007-09-06.

January 30, 2015

What can Plato’s Cave tell us about basic economics?

Filed under: Economics — Tags: , , , — Nicholas @ 04:00

Over at Ace of Spades H.Q., Monty takes us back to Philosophy 101 to show the economic version of Plato’s famous story:

If you had occasion to take a Philosophy 101 course in college, you may remember the allegory of Plato’s cave. Plato meant it as a discussion of what “reality” is — whether it is an absolute thing, and whether humans can experience “reality” in its totality or if we are limited only to what we can experience and measure. The idea is that what we can sense and measure is only a subset of a larger reality that we cannot perceive directly.

I’ve long thought that this allegory works quite well for economics in many ways, especially as it pertains to concepts of money and wealth.

Take a dollar out out of your pocket and look at it. What is it? It’s many things, actually: it is money, so it must be a store of wealth, a unit of account, and a medium of exchange; it is a manufactured good, intended by its manufacturer to be used as currency; it is a work of engravers’ art; it is a complex piece of technology (especially modern bills with the various anti-counterfeiting countermeasures); it is a carrier for the oils, dirt, and germs of the people who have handled it; and so on.

You can think of money as a special kind of battery, only instead of storing electricity, it stores up economic value which can be expended at a later time. And just as a battery can store energy but not create it, money can store value but not create it.

It turns out that this dollar bill is a pretty complex object, all things considered. And yet it isn’t a “real” thing in the sense Plato was speaking of. Whatever else it may be, a dollar is not in itself valuable; it is rather a signifier of a real thing we cannot see directly. A unit of money — whether a dollar, a franc, a pound, or a quatloo — is only “real” insofar as it signifies some existing value in the economy. (We can think of some value as being latent as opposed to realized, as it often is with investments. We invest in expectation of value being created and providing some kind of return on the investment. No value appears spontaneously out of the void. The invested capital is based on already-existing assets; a return is only realized if the endeavor creates additional value. Interest income or dividends don’t just magically materialize — interest income is your share of the value added and payment for the time-value of the money you invested. Nothing comes from nothing, as Parmenides reminds us.)

That dollar you hold in your hand is the shadow cast by something of value in the world of real things.*

[…]

* One way in which the Plato’s Cave allegory doesn’t work well in the monetary sense is when considering an essential property of money: fungibility. For money to be money, it must be fungible — that is, a dollar bill is exactly like any other dollar bill in terms of how it behaves in a monetary sense. I can buy a candy bar with any dollar, not just one specific dollar. The Plato’s Cave allegory draws a 1-to-1 linkage between the “real” object we cannot perceive and the shadow we can perceive, but with money it is more like a probabilistic wavefront that only collapses when you spend the dollar.

This means that, in the economic sense, our “shadow” of a real world good or service is not a particular dollar but any dollar.

January 11, 2015

6th century Sicilian shipwreck yields 39 ingots of orichalcum

Filed under: Europe, Greece, History, Italy — Tags: , , , — Nicholas @ 03:00

I’d only ever encountered mentions of orichalcum as a rare metal in Guild Wars 2, but it was a real thing, and an underwater archaeology team found 39 ingots of orichalcum just off the coast of Sicily near Gela:

Gleaming cast metal called orichalcum, which was said by Ancient Greeks to be found in Atlantis, has been recovered from a ship that sunk 2,600 years ago off the coast of Sicily.

The lumps of metal were arriving to Gela in southern Sicily, possibly coming from Greece or Asia Minor. The ship that was carrying them was likely caught in a storm and sunk just when it was about to enter the port.

“The wreck dates to the first half of the sixth century,” Sebastiano Tusa, Sicily’s superintendent of the Sea Office, told Discovery News. “It was found about 1,000 feet from Gela’s coast at a depth of 10 feet.”

He noted that the 39 ingots found on the sandy sea floor represent a unique finding.

“Nothing similar has ever been found,” Tusa said. “We knew orichalcum from ancient texts and a few ornamental objects.”

Indeed orichalcum has long been considered a mysterious metal, its composition and origin widely debated.

According to the ancient Greeks, it was invented by Cadmus, a Greek-Phoenician mythological character. The fourth century B.C. Greek philosopher Plato made orichalcum a legendary metal when he mentioned it in the Critias dialogue.

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