Information Transfer Economics

A working paper exploring the idea that information equilibrium is a general principle for understanding economics. [Here] is an overview.

Sunday, May 14, 2023

Link to my post: Ad hominem, for lack of a better word, is good

 


Due to Twitter's algorithm, this is a manual re-direct to my post:

Ad hominem, for lack of a better word, is good

Posted by Jason Smith at 11:09 AM No comments:
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Monday, May 1, 2023

Link to my substack post "On Hayek's 'The Use of Knowledge in Society' (1945)"



Due to Twitter's algorithm, this is a manual re-direct to my substack post

On Hayek's The Use of Knowledge in Society (1945)
Posted by Jason Smith at 8:23 PM No comments:
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Friday, April 7, 2023

Link to my substack post: Employment situation: core unemployment rising

Since Twitter has disabled likes, retweets, and replies to posts with substack links this is a manual re-direct via blogspot:

https://infoeqm.substack.com/p/employment-situation-core-unemployment



Posted by Jason Smith at 11:51 AM No comments:
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Check out my 2nd book!

A Workers' History of the United States
Available on Amazon

Check out my 2nd book!<br><br><i>A Workers' History of the United States</i><br>Available on Amazon

Book website

  • A random physicist

Information equilibrium (draft papers/talks)

  • Collected presentations & papers
  • Outside the Box Workshop (UW Econ Dept, 2018)
  • Maximum entropy and information theory approaches to economics (2018)
  • A tour of information equilibrium (2017)
  • Information equilibrium as an economic principle (2015)
  • Maximum entropy and information theory approaches to economics (7th BPE conference 2016)
  • Dynamic information equilibrium (2017)
  • Ensembles and macroeconomics (2017)
  • Forecasting with information equilibrium (2017)
  • Utility maximization and entropy maximization (2015)
  • General information transfer model for physical systems (Fielitz and Borchardt paper, 2009)

Useful site links

  • FAQ
  • Basic definitions
  • GitHub repositories (Mathematica/python)
  • Aggregated prediction link
  • Moderation and comment policy

Information equilibrium short course

  • Information theory 101
  • Information equilibrium 101
  • Standard economics from information equilibrium
  • Information equilibrium as a framework
  • The economic state space
  • Economics as information theory
  • How money transfers information

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