Probability and Stochastic Analysis

As is known, the question of the objectivity or the subjectivity of probability has divided the world of science into two camps. Some maintain that there exist two types of probability, as above, others, that only the subjective exists, because regardless of what is supposed to take place, we cannot have full knowledge of it. Therefore, some lay the uncertainty of future events at the door of our knowledge of them, whereas others place it within the realm of the events themselves.

Government, in the last analysis, is organized opinion. Where there is little or no public opinion, there is likely to be bad government, which sooner or later becomes autocratic government.

No human being can give an eternal resolution to another or take it from him; If someone objects that then one might just as well be silent if there is no probability of winning others, he thereby has merely shown that although his life very likely thrived and prospered in probability and everyone of his undertakings in the service of probability went forward, he has never really ventured and consequently has never had or given himself the opportunity to consider that probability is an illusion, but to venture the truth is what gives human life and the human situation pith and meaning, to venture is the fountainhead of inspiration, whereas probability is the sworn enemy of enthusiasm, the mirage whereby the sensate person drags out time and keeps the eternal away, whereby he cheats God, himself, and his generation: cheats God of the honor, himself of liberating annihilation, and his generation of the equality of conditions.