Information Transfer Economics

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

Saturday, September 10, 2022

Is the credibility revolution credible?

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Noah Smith made a stir with his claim that historians make theories without empirical backing — something I think is a bit of a category err...
Friday, April 22, 2022

Outbrief on Dynamic Information Equilibrium as a COVID-19 model

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What with the US just sort of giving up on doing anything about COVID-19 and just letting it spread it's become just too depressing to c...
Sunday, November 7, 2021

Comparing the DIEM and the FRB/US model

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Per a question in my Twitter DMs, I thought I'd do a comparison between the Dynamic Information Equilibrium Model (DIEM)  and the FRB/US...
Saturday, July 31, 2021

The recession of 2027

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 From my " Limits to wage growth " post from roughly three years ago: If we project wage growth and NGDP growth using the models, ...
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Sunday, April 25, 2021

Implicit assumptions in Econ 101 made explicit

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One of the benefits of the information equilibrium approach to economics is that it makes several of the implicit assumptions explicit. O...
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