Mathematicians solve 140-year-old Boltzmann equation
sciencedaily.com
sciencedaily.com
So much for the high school history of science, where better theories immediately replace inadequate ones. Even Einstein didn't get his Nobel for his Special Theory.
The state of human knowledge is not that it always improve over time, but regress, advance, and forget as time passes.
Based on technological progress and sophistication of our society, I think it is safe to say that science mostly advance, rather than regress in systematic knowledge.
Nobel prizes tend not to be given for theoretical work until there is a good deal of supporting experimental evidence. This takes time, and that's why better theories do not usually replace their predecessors immediately.
Some complicated differential equation?