This crisis exposed very significant problems in the financial systems of the United States and some other major economies. Innovation got too far out in front of the knowledge of risk.

It's clear that people are going to download media files and they're going to talk to each other and they're going to exchange information and knowledge and so forth. So this system logic is basically what you bounce off of.

The implications of these considerations justify the statement that all empirically verifiable knowledge even the commonsense knowledge of everyday life - involves implicitly if not explicitly systematic theory in this sense.

The hypothesis may be put forward to be tested by the s subsequent investigation that this development has been in large part a matter of the reciprocal interaction of new factual insights and knowledge on the one hand with changes in the theoretical system on the other.

It is that of increasing knowledge of empirical fact intimately combined with changing interpretations of this body of fact - hence changing general statements about it - and not least a changing a structure of the theoretical system.

It is probably safe to say that all the changes of factual knowledge which have led to the relativity theory resulting in a very great theoretical development are completely trivial from any point of view except their relevance to the structure of a theoretical system.

But the scientific importance of a change in knowledge of fact consists precisely in j its having consequences for a system of theory.

You go to college not only for the latest knowledge but also to meet people from different backgrounds. That's the genius of the American higher-education system compared with the Europeans'. We don't simply skim the elite.

That the state of knowledge in any country will exert a directive influence on the general system of instruction adopted in it is a principle too obvious to require investigation.

While many hackers have the knowledge skills and tools to attack computer systems they generally lack the motivation to cause violence or severe economic or social harm.