1211.0634 (James D. Wells)
James D. Wells
Promoting a theory with a finite number of terms into an effective field theory with an infinite number of terms worsens simplicity, predictability, falsifiability, and other attributes often favored in theory choice. However, the importance of these attributes pales in comparison with consistency, both observational and mathematical consistency, which propels the effective theory to be superior to its simpler truncated version of finite terms, whether that theory be renormalizable (e.g., Standard Model of particle physics) or nonrenormalizable (e.g., gravity). Some implications for the Large Hadron Collider and beyond are discussed, including comments on how directly acknowledging the preeminence of consistency can affect future theory work.
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http://arxiv.org/abs/1211.0634
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