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A story went that he was once complimented on being one of only three people in the world who understood the theory.
Keynes, he observes, was a "consummate insider", who understood the theory he was demolishing precisely because he was once convinced by it.
In that scenario, creditors are supposed to face losses that are transparent and clearly understood; the theory is that this will stabilize market expectations.
When Arthur Eddington — the British astrophysicist who led the team that confirmed Einstein's predictions, during a solar eclipse in 1919 — was asked if it was really true that only three people in the world understood the theory, he said nothing.
That's if I've understood the theory properly!
But this is where things get interesting, for the Modistae also understood the theory of the modi significandi to involve claims about the nature of thought and reality.
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Our entire cosmic history is theoretically well-understood, but only because we understand the theory of gravitation that underlies it, and because we know the Universe's present expansion rate and energy composition.
Few more case studies would help better understand the theory.
One can understand the theory; it is just that Prior is not executing it.
I understand the theory of his argument; but the practice makes a dismaying prospect.
The experiments are forcing us to try to understand the theory in places where the calculations are difficult".
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.
Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com