Olber's paradox (see:
http://en.wikipedia.org/wiki/Olbers'_paradox) was formulated before we were aware that space itself is not static and the concept of the "big bang" was not known. IF you assume that space IS static AND the universe existed for an infinite length of time, then Olber's paradox makes sense. It essentially says if space is infinite (and static), that looking at any point in the sky will allow you to see a star (however far), and therefore you should see blazing light from all directions.
I'm surprised, but glad to see people here are in the mood to discuss more than photography. At least I will not get banned for saying stuff that is not in the text-books, I hope, like they banned me on every physics/astronomy forum. So if you don't mind let me tell you that in my theory the universe (space) existed forever and is infinite in size. Matter gets created in the centers of galaxies, so each galaxy is a little Big Bang on its own.
However, in an expanding universe, with a definite starting point, this is not what happens. According to current cosmological theory, the light that was present at the "big bang" has been red-shifted by the universe's expansion to the microwave wavelengths. Light emitted AFTER the big bang, say by the first stars, has also been red-shifted, but not as much as the light of the big bang. However, THAT light was most probably absorbed by the interstellar gas that exists between us and the source body. As the stars get closer to us, there is a higher probability that their light will be seen, partly due to less obscuration by interstellar gas, and partly due to less space that the light photon had to traverse. Astronomers use the position of known wavelengths of light to determine the degree of red-shift that an emitting object has at cosmological distances, and the amount of optical extinction due to scatter or absorption by interstellar medium, to arrive at an estimate of the distance of the light source from us at the time that it was emitted.
It's interesting that we can measure red shift just due to slower rate of incoming photons, that is just due to distance, even if there is no any relative velocity between an observer and the light source, or so some papers say.
The other side of the issue that you're dealing with is the wave/particle duality of light. As a starting point, if the intensity of light never changes, moving a light further away causes less light to be seen because the apparent size becomes smaller. The intensity per unit area is constant, but there is less and less area. Keep moving the light away, and its size diminishes, following the inverse square rule. The torrent of photons diminishes to a stream, to a trickle, and eventually, to a few per minute or even days.Which is why for very distant objects, astronomers use as big a mirror as they can, and expose for as long as possible to accumulate enough photons to make an image.
I simulated positron-electron interaction and it looks just like they draw diagrams of photons in text-books.
Photon - Wikipedia, the free encyclopedia
When positron and electron interact initially they will try to stick together, orbit each other, but due to magnetic force acting perpendicularly to both velocity vector and magnetic field vector they will twist around and produce spiral trajectory, or more precisely said their paths will describe double-helix, which is transverse wave and
particle-wave duality in the most literal sense. Interesting, isn't it?
This is based on actual equations, Lorentz force and Biot-Savart law. I did not fiddle with any parameters or invent any new equations, it just came up like that by itself. Try it in Matlab and you should get the same thing. Text-books will tell ya when positron and electron collide they annihilate and emit a photon, but I'm pretty sure they simply just combine into a photon, and that's what photon is. Does that not make more sense than some "annihilation"? And if you consider it some more you can see then that light polarization is simply geometrical plane of charge oscillation, while EM superposition principle would explain why photons do not have net electric charge despite their evident electromagnetism.
It is interesting to note that while the absolute speed limit of the speed of light applies to particles travelling through space, the rulebook is thrown out when it comes to space itself. Apparently, space can expand at speeds much higher than the speed of light, and it continues to expand at an accelerating rate after slowing down around 6 billion years or so. The consequence of this appears to be that object at the "edge" of the visible universe will become invisible to us as the expansion of space over a long enough distance exceeds the speed of light (the ability of a photon to travers that distance). Billions of year in the future (I know, like we care...) the universe that we can see will be much less populated than what we see now, because the expansion of space will have carried those galaxies and other objects past our "horizon". The energy powering the expansion of space is known as "dark energy" (see
http://en.wikipedia.org/wiki/Dark_energy) .
Speed of light in my theory is terminal velocity of EM fields. Just like free-falling object reaches terminal velocity due to air drag, so does the photon or any EM radiation have its terminal velocity due to resistance of Aether. And gravity, it's due to density gradients or pressure differences of the aether. These density gradients define propagation speed of EM waves, so everything is relative to gravity and it's what defines reference frames for electromagnetic interaction, kind of like in General Relativity, only more true. Heh!
Of course I'm crazy, but unlike other crackpots that only have lots of assumptions and abstract mathematics, I can actually simulate the things I'm talking about and those simulations resemble what we see in reality, so I guess I can't be that far away from the true mechanics of how the things work. Anyhow, I just told you guys this stuff for the purpose of entertainment, something to muse about, but I don't mean to argue any of this as we have plenty to talk about as it is, unless someone would insist, of course, then it will be my pleasure.