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Sunday, January 31, 2016

Jason Smith — What is and isn't economics?

It's probably hubris for a physicist to say what is or isn't economics, but I'll have a go anyway.
Information Transfer Economics
What is and isn't economics?
Jason Smith

1 comment:

  1. "It's probably hubris for a physicist to say what is or isn't economics"

    not at all.. Physicists intuitively understand the various conservation laws. In a way, flows of money are conserved. One person's surplus is another's deficit. Economists don't really get that, or else none would support balanced budgets or be worried about deficits.

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