In 2008, it was widely announced that the missing memristor, a basic
two-terminal electrical circuit element, had finally been discovered. The
memristor is the fourth and last such circuit element and thus completes
circuit theory. Predicted already in 1971, the eventual discovery of something
seemingly so basic needed almost 40 years. However, this discovery is doubted.
The predicted memristor has no material memory and is based on magnetic flux,
but the discovered devices constitute analogue memory storage that do not
involve magnetism. The person who originally proposed the memristor did not
reject the discovery but instead changed his mind about what a memristor is. We
briefly introduce the history and then carefully memristance and the memristor
as such. We discuss its status as a model rather than a device. We discuss the
discovered devices, their stability, and how stability relates to the
consistency of the theoretical entities. A thought experiment assumes a world
without magnetism. Inductors cannot exist there, but memory resistors could
still be constructed. On the same grounds as the memristor was historically
predicted, an "inductor" could then be predicted. Likely, somebody would also
'discover' one. A tentative sociological analysis compares to the flawed
detection of gravitational waves but comes to very different conclusions.Comment: 26 pages, 2 figure