Sunday, August 10, 2014

Testing an animation

I never quite got around to putting up my youtube video about information transfer economics, but I'm going to test the gif capability of blogger with a piece of it. Here is a animation of how the "unit of account (information)" and "medium of (information) exchange" relate:

One thing that is not quite correct: at constant N, increasing M should keep the height of the the stack the same by adding more units to it (making them shrink). Otherwise, this is a pretty good picture to have in your head.


  1. Jason, great... I was just commenting on your static picture of this in a recent post (my jello comment).

    I've done a similar thing:

    I've also added an interactive post, but it was a big pain the way I did it (with free MicroSoft online Excel... not that it was so bad, but I attempted to do Newton iterations in it):

    I think I'll do more blog readings rather than postings from now on. :D

    I know this is an experiment that you've done here, but I'd slow it down a bit... it's a little hard to absorb as it flies by.

    1. Yes, it is a bit fast -- in the video it is a bit slower, but hasn't had the narration put on it yet.

      I would love to do something interactive like that. Mathematica has some ability to make "demonstrations":

      I do think that many economics discussions would benefit from dynamic/interactive pictures like the ones you made there.


Comments are welcome. Please see the Moderation and comment policy.

Also, try to avoid the use of dollar signs as they interfere with my setup of mathjax. I left it set up that way because I think this is funny for an economics blog. You can use € or £ instead.

Note: Only a member of this blog may post a comment.