Much more to come from this, but, generally, the Heisenberg uncertainty principle states that one cannot measure both the instant position and speed of a particle as once you measure one, you affect the other qua your measurement.
Translating this to economics [draft 1]:
One cannot know both the instant state and the future behavior of a given market as once the state is acquired and that data released to the population [of the traders in the market] the data will modify the future behavior.
This is a very rough first draft of this theory - but I think it holds.
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Of course, compared with the precise predictions we have learnt to expect in the physical sciences, this sort of mere pattern predictions is a second best with which one does not like to have to be content. Yet the danger of which I want to warn is precisely the belief that in order to have a claim to be accepted as scientific it is necessary to achieve more. This way lies charlatanism and worse. To act on the belief that we possess the knowledge and the power which enable us to shape the processes of society entirely to our liking, knowledge which in fact we do not possess, is likely to make us do much harm.
http://www.nobelprize.org/nobel_prizes/economics/laureates/1974/hayek-lecture.html
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