A working paper exploring the idea that information equilibrium is a general principle for understanding economics. [Here] is an overview.
I let Vincent Cate know. You two still have a bet going, right?
Yes. However, it is a 10 year bet started in March of this year, so a little early to say who will win. I still think I am right. :-)http://informationtransfereconomics.blogspot.com/2015/03/japan-inflation-update.html
If Jason's theory is ever contradicted by Japan's measured inflation rate, I might want to up my bet on the Yen going down, so please let me know right away!
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