A new perspective on steady-state cosmology: from Einstein to Hoyle

We recently reported the discovery of an unpublished manuscript by Albert Einstein in which he attempted a 'steady-state' model of the universe, i.e., a cosmic model in which the expanding universe remains essentially unchanged due to a continuous formation of matter from empty space. The manuscript was apparently written in early 1931, many years before the steady-state models of Fred Hoyle, Hermann Bondi and Thomas Gold. We compare Einstein's steady-state cosmology with that of Hoyle, Bondi and Gold and consider the reasons Einstein abandoned his model. The relevance of steady-state models for today's cosmology is briefly reviewed.