Sunday, September 4, 2016

Jason Smith — A random physicist takes on economics: the first draft


Jason Smith tells us about his book is coming along.

Information Transfer Economics
A random physicist takes on economics: the first draft
Jason Smith

2 comments:

Matthew Franko said...

Random?..... oh brother here we go....

Kain said...

That conclusion is exactly what I'd think an impartial observor would say and conclude about Economics. Perhaps discounting equilibrium economics, and being a little more harsh on the "rationality axiom", and particularly Rational Expectations. Also I would include disagreement with the metaphysical assumption involved with the PIH and Euler Equations.

Maybe questioning of Utility functions in the first place. Meh. there's just so much.

But I think he hit on core problems.