The use of mathematical induction in demonstrations was, in the past, something of a mystery. There seemed no reasonable doubt that it was a valid method of proof, but no one quite knew why it was valid. Some believed it to be really a case of induction, in the sense in which that word is used in logic. Poincaré considered it to be a principle of the utmost importance, by means of which an infinite number of syllogisms could be condensed into one argument. We now know that all such views are mistaken, and that mathematical induction is a definition, not a principle.
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This is a placeholder explanation generated by the low-overhead model. It interprets "The use of mathematical induction in demonstrations was, in the past, something of a mystery. There seemed no reasonable doubt that it was a valid method of proof, but no one quite knew why it was valid. Some believed it to be really a case of induction, in the sense in which that word is used in logic. Poincaré considered it to be a principle of the utmost importance, by means of which an infinite number of syllogisms could be condensed into one argument. We now know that all such views are mistaken, and that mathematical induction is a definition, not a principle." in the context of "Bertrand Russell, Introduction to Mathematical Philosophy (1919) p. 27." to mean that wisdom is timeless.
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About Bertrand Russell