By Dimitris N. Chorafas (auth.)
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2 has documented, much can be learned in terms of an internally consistent methodology from the discipline of system analysis as practised in engineering. An internally consistent analysis is decomposing a problem ( or a system) into its key component parts. Quite often, this is the best way to approach a problem because: • decomposition helps in solving it in discreet pieces; and • reintegration puts the pieces back together again into a whole. In every case, it is important to keep track of what stage has been reached in studying each of the components.
Classical physics did not exploit the underlying idea of causa sua, but it provided some limited metaphysical concepts that could help explain existing relationships between: • matter, space and time; • rules and guidelines of behaviour; and • the broader concept of life and death. ‘Death has no meaning for us’, Epicurus (341–270 BC) suggested. ’ Epicurus taught that pleasure in this world is the highest good – but honesty, prudence and justice are the necessary means for achieving accomplishment in one’s life.
6 Financial studies and the methodology of physicists and inventors The career of Galileo Galilei (1564–1643) marks the real beginning of natural science, combining mathematical theories and physical experiments. Before Galileo, most scientists though of physical experimentation as being something irrelevant, believing that it detracted from the beauty of pure deduction. But Galileo described his experiments and his points of view so clearly and convincingly that he helped in making experimentation fashionable, at least in the learned community.