Light, from Duncan Coker

November 18, 2012 |

 I am reading Isaacson's biography of Einstein and I promise a review in another 400 pages. But in the meantime, there a few ideas I found interesting from one of his early papers on light. He presented light as a mixture of physical particles and waves. Up to that point, no one thought light had physical quanta. Light, he theorized, has discontinuous particles as well as continuous wave properties. He was also very interested in the field through light moves, the "ether" from classical physics. He did not take for granted that space was made up of unspecified ether, but rather the space had very important properties of its own. It is similar to the study of water in understanding the waves which move through it. I tend to view markets as discontinuous quanta. Each day represents a discrete event. Others see markets as continuous moving waves. The field for markets was once a physical floor. Now it is much different. The field itself must have properties which affect movements.


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