The author of this text has unwittingly laid the foundations of future, Einstein-free physics:
University of Illinois at Urbana-Champaign: "Consider a falling object. Its speed increases as it is falling. Hence, if we were to associate a frequency with that object the frequency should increase accordingly as it falls to earth. Because of the equivalence between gravitational and inertial mass, we should observe the same effect for light. So lets shine a light beam from the top of a very tall building. If we can measure the frequency shift as the light beam descends the building, we should be able to discern how gravity affects a falling light beam. This was done by Pound and Rebka in 1960. They shone a light from the top of the Jefferson tower at Harvard and measured the frequency shift. The frequency shift was tiny but in agreement with the theoretical prediction."
https://courses.physics.illinois.edu/phys419/sp2011/lectures/Lecture13/L13r.html
Two principles implied in this particular scenario are actually valid in any scenario:
(1) Any frequency shift is caused by a proportional speed-of-light shift.
(2) The wavelength of light is invariable.
Clearly (1) and (2) are equivalent (either follows from the other), given the formula
(frequency) = (speed of light)/(wavelength)
Still, for practical reasons, (2) will be an axiom (the fundamental axiom of Einstein-free physics) while (1) is a direct corollary.
Other corollaries of the axiom "The wavelength of light is invariable":
If the emitter and the observer (receiver) travel towards each other with relative speed v, the speed of light as measured by the observer is c' = c+v, as per Newton's theory.
Spacetime and gravitational waves (ripples in spacetime) don't exist. LIGO's "discoveries" are fakes.
The Hubble redshift is due to light slowing down as it travels through vacuum. The universe is not expanding.
Light falls in a gravitational field with the same acceleration as ordinary falling bodies - near Earth's surface the accelerations of falling photons is g = 9.8 m/s^2. Accordingly, there is no gravitational time dilation and light deflects as per Newton, not as per Einstein.
Just an illustration of the validity of the last corollary:
"To see WHY A DEFLECTION OF LIGHT WOULD BE EXPECTED, consider Figure 2-17, which shows a beam of light entering an accelerating compartment. Successive positions of the compartment are shown at equal time intervals. Because the compartment is accelerating, the distance it moves in each time interval increases with time. The path of the beam of light, as observed from inside the compartment, is therefore a parabola. But according to the equivalence principle, there is no way to distinguish between an accelerating compartment and one with uniform velocity in a uniform gravitational field. We conclude, therefore, that A BEAM OF LIGHT WILL ACCELERATE IN A GRAVITATIONAL FIELD AS DO OBJECTS WITH REST MASS. For example, near the surface of Earth light will fall with acceleration 9.8 m/s^2."
http://web.pdx.edu/~pmoeck/books/Tipler_Llewellyn.pdf
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