Editor’s note: One of the most important developments in theoretical particle physics at the end of the 20th century and beginning of the twenty-first century has been the development of effective field theories (EFTs). Pursuing an effective field theory approach is a methodology for constructing theories, where a set of core principles is agreed upon, such as Lorentz symmetry and unitarity, and all possible interactions consistent with them are then compulsory in the theory. The utility of this approach to particle physics (and beyond) is wide ranging and undisputed, as evidenced by the recent formation of the international seminar series All Things EFT (Talks in the series can be viewed at https://www.youtube.com/channel/UC1_KF6kdJFoDEcLgpcegwCQ (accessed 21 December 2020).) which brings together each week the worldwide community of EFT practitioners. The text below is a lightly edited version of the talk given by Prof. Weinberg on September 30, 2020, which inaugurated the series. The talk reviews some of the early history of EFTs from the perspective of its pioneer and concludes with a discussion of EFT implications for future discovery.