tag:blogger.com,1999:blog-6837159629100463303.post2872769065544711700..comments2023-06-18T01:25:08.748-07:00Comments on Information Transfer Economics: Fiscal and monetary stimulusJason Smithhttp://www.blogger.com/profile/12680061127040420047noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-6837159629100463303.post-61526961779146670432013-07-28T15:01:20.281-07:002013-07-28T15:01:20.281-07:00Thanks!
I put together a summary:
http://informa...Thanks! <br /><br />I put together a summary:<br />http://informationtransfereconomics.blogspot.com/2013/07/a-summary-of-information-transfer-model.html<br /><br />I tried to get at the implications (or at least some idea of what could happen) here:<br />http://informationtransfereconomics.blogspot.com/2013/07/predicting-2020-with-information.html<br />Jason Smithhttps://www.blogger.com/profile/12680061127040420047noreply@blogger.comtag:blogger.com,1999:blog-6837159629100463303.post-4893982684674845872013-07-28T09:30:44.796-07:002013-07-28T09:30:44.796-07:00I agree, but the paradigm is thermodynamics in the...I agree, but the paradigm is thermodynamics in the 1800s or information theory in the 1900s. The concepts of temperature, entropy and in the latter case information were ill-defined until a real framework (Boltzmann, Shannon) was developed for talking about them.Jason Smithhttps://www.blogger.com/profile/12680061127040420047noreply@blogger.comtag:blogger.com,1999:blog-6837159629100463303.post-62763827916963593752013-07-28T06:19:30.355-07:002013-07-28T06:19:30.355-07:00LOL. Applying math to ill-defined variables. LOL. Applying math to ill-defined variables. Salmo Truttahttps://www.blogger.com/profile/13910212017849902362noreply@blogger.comtag:blogger.com,1999:blog-6837159629100463303.post-33024003796525718032013-07-27T16:58:36.641-07:002013-07-27T16:58:36.641-07:00Hello Bourbaki! Interesting stuff. I find this ver... Hello Bourbaki! Interesting stuff. I find this very interesting-I know a lot of economists-particularly the heterodox kind-think that economists should work more with physicists. <br /><br /> I must admit to not being entirely sure what the information transfer model is-anyway you can give a summary explanation?<br /><br /> If the relationship between the movements of NGDP and the MB have changed what might the implications be?<br /><br /> I found this post particularly fascinating because I've long been interested in properly understanding the true difference between fiscal and monetary stimulus. <br /><br /> What might the ITM tell us about this?Mike Saxhttps://www.blogger.com/profile/01360689916550576484noreply@blogger.comtag:blogger.com,1999:blog-6837159629100463303.post-69037754072635233912013-07-27T14:40:23.361-07:002013-07-27T14:40:23.361-07:00That upcoming post is here:
http://informationtran...That upcoming post is here:<br />http://informationtransfereconomics.blogspot.com/2013/07/universalizing-model-kappa-sigma-space.htmlJason Smithhttps://www.blogger.com/profile/12680061127040420047noreply@blogger.com