Find science on or your birthday

Today in Science History - Quickie Quiz
Who said: “As far as the laws of mathematics refer to reality, they are not certain; and as far as they are certain, they do not refer to reality.”
more quiz questions >>
Home > Category Index for Science Quotations > Category Index I > Category: Insurance

Insurance Quotes (7 quotes)

Bahn's Law of Rocketry: Amateurs talk Propulsion, Professionals Talk Insurance.
Pat Bahn
Contributed by author.
Science quotes on:  |  Amateur (8)  |  Professional (10)  |  Propulsion (2)  |  Rocket (18)  |  Talk (21)

Finally, in regard to those who possess the largest shares in the stock of worldly goods, could there, in your opinion, be any police so vigilant and effetive, for the protections of all the rights of person, property and character, as such a sound and comprehensive education and training, as our system of Common Schools could be made to impart; and would not the payment of a sufficient tax to make such education and training universal, be the cheapest means of self-protection and insurance?
Annual Reports of the Secretary of the Board of Education of Massachusetts for the years 1839-1844, Life and Works of Horace Mann (1891), Vol. 3, 100.
Science quotes on:  |  Education (177)  |  Tax (13)  |  Training (21)

I am particularly concerned to determine the probability of causes and results, as exhibited in events that occur in large numbers, and to investigate the laws according to which that probability approaches a limit in proportion to the repetition of events. That investigation deserves the attention of mathematicians because of the analysis required. It is primarily there that the approximation of formulas that are functions of large numbers has its most important applications. The investigation will benefit observers in identifying the mean to be chosen among the results of their observations and the probability of the errors still to be apprehended. Lastly, the investigation is one that deserves the attention of philosophers in showing how in the final analysis there is a regularity underlying the very things that seem to us to pertain entirely to chance, and in unveiling the hidden but constant causes on which that regularity depends. It is on the regularity of the main outcomes of events taken in large numbers that various institutions depend, such as annuities, tontines, and insurance policies. Questions about those subjects, as well as about inoculation with vaccine and decisions of electoral assemblies, present no further difficulty in the light of my theory. I limit myself here to resolving the most general of them, but the importance of these concerns in civil life, the moral considerations that complicate them, and the voluminous data that they presuppose require a separate work.
Philosophical Essay on Probabilities (1825), trans. Andrew I. Dale (1995), Introduction.
Science quotes on:  |  Analysis (82)  |  Application (72)  |  Approximation (8)  |  Cause (122)  |  Chance (77)  |  Complication (16)  |  Concern (30)  |  Data (59)  |  Determine (15)  |  Difficulty (76)  |  Error (152)  |  Event (49)  |  Formula (29)  |  Function (41)  |  Government (50)  |  Inoculation (5)  |  Institution (15)  |  Investigation (83)  |  Law (273)  |  Limit (34)  |  Mathematician (110)  |  Mean (7)  |  Morality (19)  |  Outcome (6)  |  Philosopher (67)  |  Probability (56)  |  Proportion (24)  |  Regularity (11)  |  Result (129)  |  Theory (353)  |  Vaccine (4)

I couldn’t help picturing [the Steady State universe] as a sort of 1950s advertisement, with a pipe-smoking father sitting comfortably in his living room, next to the radiogram, with a wife knitting submissively in the background, and a small boy playing with Meccano on the carpet. The father would remove his pipe and twinkle knowledgeably as he said “Of course, I’m with Steady State Insurance,” and a caption underneath would say “You Know Where You Are With a STEADY STATE Policy.&rdquo.
In short essay, 'The Origin of the Universe,' 1-2. Written after hearing Stephen Hawking's lecture (2006) at Oxford, about the origin of the universe.
Science quotes on:  |  Advertisement (7)  |  Boy (16)  |  Father (17)  |  Meccano (5)  |  Playing (3)  |  Policy (10)

The companies that can afford to do basic research (and can't afford not to) are ones that dominate their markets. … It's cheap insurance, since failing to do basic research guarantees that the next major advance will be oened by someone else.
Accidental Empires (1992), 79.
Science quotes on:  |  Advance (52)  |  Company (14)  |  Competition (18)  |  Research (360)  |  Technology (98)

The Superfund legislation set up a system of insurance premiums collected from the chemical industry to clean up toxic wastes. This new program may prove to be as far-reaching and important as any accomplishment of my administration. The reduction of the threat to America's health and safety from thousands of toxic-waste sites will continue to be an urgent but bitterly fought issue—another example for the conflict between the public welfare and the profits of a few private despoilers of our nation's environment.
Keeping Faith: Memoirs of a President (1980), 591.
Science quotes on:  |  Accomplishment (25)  |  Administration (4)  |  America (41)  |  Bitter (6)  |  Chemical (38)  |  Clean (7)  |  Conflict (27)  |  Continuation (13)  |  Environment (75)  |  Health (93)  |  Importance (106)  |  Industry (49)  |  Issue (14)  |  Legislation (3)  |  Nation (47)  |  Premium (2)  |  Private (7)  |  Profit (14)  |  Public (35)  |  Reduction (22)  |  Safety (22)  |  Site (5)  |  Thousand (32)  |  Threat (9)  |  Toxic Waste (2)  |  Urgent (2)  |  Welfare (9)

[Decimal currency is desirable because] by that means all calculations of interest, exchange, insurance, and the like are rendered much more simple and accurate, and, of course, more within the power of the great mass of people. Whenever such things require much labor, time, and reflection, the greater number who do not know, are made the dupes of the lesser number who do.
Letter to Congress (15 Jan 1782). 'Coinage Scheme Proposed by Robert Morris, Superintendent of Finance', from MS. letters and reports of the Superintendent of Finance, No, 137, Vol. 1, 289-300. Reprinted as Appendix, in Executive Documents, Senate of the U.S., Third Session of the Forty-Fifth Congress, 1878-79 (1879), 430.
Science quotes on:  |  Accuracy (34)  |  Calculation (41)  |  Decimal (8)  |  Dupe (2)  |  Exchange (3)  |  Interest (82)  |  Knowledge (679)  |  Labor (18)  |  People (72)  |  Reflection (26)  |  Requirement (27)  |  Simplicity (92)  |  Time (170)


Carl Sagan Thumbnail In science it often happens that scientists say, 'You know that's a really good argument; my position is mistaken,' and then they would actually change their minds and you never hear that old view from them again. They really do it. It doesn't happen as often as it should, because scientists are human and change is sometimes painful. But it happens every day. I cannot recall the last time something like that happened in politics or religion. (1987) -- Carl Sagan
Quotations by: • Albert Einstein • Isaac Newton • Lord Kelvin • Charles Darwin • Srinivasa Ramanujan • Carl Sagan • Florence Nightingale • Thomas Edison • Aristotle • Marie Curie • Benjamin Franklin • Winston Churchill • Galileo Galilei • Sigmund Freud • Robert Bunsen • Louis Pasteur • Theodore Roosevelt • Abraham Lincoln • Ronald Reagan • Leonardo DaVinci • Michio Kaku • Karl Popper • Johann Goethe • Robert Oppenheimer • Charles Kettering  ... (more people)

Quotations about: • Atomic  Bomb • Biology • Chemistry • Deforestation • Engineering • Anatomy • Astronomy • Bacteria • Biochemistry • Botany • Conservation • Dinosaur • Environment • Fractal • Genetics • Geology • History of Science • Invention • Jupiter • Knowledge • Love • Mathematics • Measurement • Medicine • Natural Resource • Organic Chemistry • Physics • Physician • Quantum Theory • Research • Science and Art • Teacher • Technology • Universe • Volcano • Virus • Wind Power • Women Scientists • X-Rays • Youth • Zoology  ... (more topics)
Sitewide search within all Today In Science History pages:
Custom Quotations Search - custom search within only our quotations pages:
Visit our Science and Scientist Quotations index for more Science Quotes from archaeologists, biologists, chemists, geologists, inventors and inventions, mathematicians, physicists, pioneers in medicine, science events and technology.

Names index: | A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z |

Categories index: | 1 | 2 | A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z |
Author Icon
who invites your feedback

Today in Science History

Most Popular

Thank you for sharing.
Today in Science History
Sign up for Newsletter
with quiz, quotes and more.
- 100 -
Sophie Germain
Gertrude Elion
Ernest Rutherford
James Chadwick
Marcel Proust
William Harvey
Johann Goethe
John Keynes
Carl Gauss
Paul Feyerabend
- 90 -
Antoine Lavoisier
Lise Meitner
Charles Babbage
Ibn Khaldun
Euclid
Ralph Emerson
Robert Bunsen
Frederick Banting
Andre Ampere
Winston Churchill
- 80 -
John Locke
Bronislaw Malinowski
Bible
Thomas Huxley
Alessandro Volta
Erwin Schrodinger
Wilhelm Roentgen
Louis Pasteur
Bertrand Russell
Jean Lamarck
- 70 -
Samuel Morse
John Wheeler
Nicolaus Copernicus
Robert Fulton
Pierre Laplace
Humphry Davy
Thomas Edison
Lord Kelvin
Theodore Roosevelt
Carolus Linnaeus
- 60 -
Francis Galton
Linus Pauling
Immanuel Kant
Martin Fischer
Robert Boyle
Karl Popper
Paul Dirac
Avicenna
James Watson
William Shakespeare
- 50 -
Stephen Hawking
Niels Bohr
Nikola Tesla
Rachel Carson
Max Planck
Henry Adams
Richard Dawkins
Werner Heisenberg
Alfred Wegener
John Dalton
- 40 -
Pierre Fermat
Edward Wilson
Johannes Kepler
Gustave Eiffel
Giordano Bruno
JJ Thomson
Thomas Kuhn
Leonardo DaVinci
Archimedes
David Hume
- 30 -
Andreas Vesalius
Rudolf Virchow
Richard Feynman
James Hutton
Alexander Fleming
Emile Durkheim
Benjamin Franklin
Robert Oppenheimer
Robert Hooke
Charles Kettering
- 20 -
Carl Sagan
James Maxwell
Marie Curie
Rene Descartes
Francis Crick
Hippocrates
Michael Faraday
Srinivasa Ramanujan
Francis Bacon
Galileo Galilei
- 10 -
Aristotle
John Watson
Rosalind Franklin
Michio Kaku
Isaac Asimov
Charles Darwin
Sigmund Freud
Albert Einstein
Florence Nightingale
Isaac Newton