21 March 2020

On Chance (1700-1799)

"To understand the theory of chance thoroughly, requires a great knowledge of numbers, and a pretty competent one of Algebra." (John Arbuthnot, "An Essay on the Usefulness of Mathematical Learning", 1701)

"And thus in all cases it will be found, that although Chance produces Irregularities, still the odds will be infinitely great that in the process of time, those Irregularities will bear no proportion to the recurrency of that Order which naturally results from ORIGINAL DESIGN." (Abraham de Moivre, "The Doctrine of Chances", 1718)

"Further, the same Arguments which explode the Notion of Luck, may, on the other side, be useful in some Cases to establish a due comparison between Chance and Design: We may imagine Chance and Design to be, as it were, in Competition with each other, for the production of some sorts of Events, and many calculate what Probability there is, that those Events should be rather be owing to the one than to the other." (Abraham de Moivre, "The Doctrine of Chances", 1718)

"The probability of an Event is greater, or less, according to the number of Chances by which it may Happen, compar’d with the number of all the Chances, by which it may either Happen or Fail. […] Therefore, if the Probability of Happening and Failing are added together, the Sum will always be equal to Unit." (Abraham De Moivre, "The Doctrine of Chances", 1718)

"[…] chance, that is, an infinite number of events, with respect to which our ignorance will not permit us to perceive their causes, and the chain that connects them together. Now, this chance has a greater share in our education than is imagined. It is this that places certain objects before us and, in consequence of this, occasions more happy ideas, and sometimes leads us to the greatest discoveries […]" (Claude A Helvetius, "On Mind", 1751)

"Chance is a world void of sense; nothing can exist without a cause." (Voltaire, "A Philosophical Dictionary", 1764)

"But ignorance of the different causes involved in the production of events, as well as their complexity, taken together with the imperfection of analysis, prevents our reaching the same certainty about the vast majority of phenomena. Thus there are things that are uncertain for us, things more or less probable, and we seek to compensate for the impossibility of knowing them by determining their different degrees of likelihood. So it was that we owe to the weakness of the human mind one of the most delicate and ingenious of mathematical theories, the science of chance or probability." (Pierre-Simon Laplace, "Recherches, 1º, sur l'Intégration des Équations Différentielles aux Différences Finies, et sur leur Usage dans la Théorie des Hasards", 1773)

"That the chance of gain is naturally over-valued, we may learn from the universal success of lotteries." (Adam Smith, "An Inquiry Into the Nature and Causes of the Wealth of Nations", 1776)

"The word ‘chance’ then expresses only our ignorance of the causes of the phenomena that we observe to occur and to succeed one another in no apparent order. Probability is relative in part to this ignorance, and in part to our knowledge." (Pierre-Simon Laplace, "Mémoire sur les Approximations des Formules qui sont Fonctions de Très Grands Nombres", 1783)

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