Abstract
This paper deals with the problem of the interpretation of quantum mechanics, the nature of physical theory, and the future of physics. First, the question of why there are so many different interpretations of quantum mechanics proposed and accepted by outstanding quantum experts is treated. This requires a discussion of the relation between physics and philosophy and drawing a distinction between a physical formalism and a physical explanation. The Copenhagen interpretation is considered, criticized, and found to be unsatisfactory in some respects. Finally, an interpretation that contains ideas from previous interpretations but which may itself be new, is proposed. Hopefully, this is superior to the previous interpretations. It has, I believe, the advantage of logical clarity. In the process of doing this, I introduce a theory of levels of physical theory, according to which microscopic physical theory, as it develops in successive stages, becomes more and more adaptable to explaining—or at least taking cognizance of—fundamental biological or ultimately psychological phenomena.
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