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Einstein's article titled, is presented in its entirety as it is an outstanding presentation of the history and status of the foundations of theoretical physics as it stood in 1940. Further, it provides the background for discussing the new view of the fundaments of theoretical physics provided by the energy and entropy foundation of the Dynamic Theory.
It is shown that the classical laws of thermodynamics require that mechanical systems must exhibit energy that becomes unavailable to do useful work. In thermodynamics, this type of energy is called entropy. It is further shown that these laws require two metrical manifolds, equations of motion, field equations, and Weyl's quantum principles. Weyl's quantum… (More)