But we did conclude that Ray had actually killed Dr. King pursuant to his theory that he was going to be able to get hold of that money. He had learned of this offer through his ties in the Missouri State Penitentiary.
Even before I came to Chicago, I had gotten interested in the existence of dispersion of prices under conditions which economic theory said would yield a single price.
The three parts of the theory are analytical ability, the ability to analyze things to judge, to criticize. Creative, the ability to create, to invent and discover and practical, the ability to apply and use what you know.
I joined the Army and was sent to the MIT radiation laboratory after a few months of introduction to electromagnetic wave theory in a special course, given for Army personnel at the University of Chicago.
The theory that can absorb the greatest number of facts, and persist in doing so, generation after generation, through all changes of opinion and detail, is the one that must rule all observation.
Practical wisdom is only to be learned in the school of experience. Precepts and instruction are useful so far as they go, but, without the discipline of real life, they remain of the nature of theory only.
It is disturbing to discover in oneself these curious revelations of the validity of the Darwinian theory. If it is true that we have sprung from the ape, there are occasions when my own spring appears not to have been very far.
And it really began with Einstein. We attended his lectures. Now the theory of relativity remained - and still remains - only a theory. It has not been proven. But it suggested a completely different picture of the physical world.
I do not believe in censorship, but I believe we already have censorship in what is called marketing theory, namely the only information we get in mainstream media is for profit.