Stable Tastes: Difference between revisions
(Created page with "{{stub}} {{Tweet |image=Eric profile picture.jpg |nameurl=https://x.com/EricRWeinstein/status/3886175728 |name=Eric Weinstein |usernameurl=https://x.com/EricRWeinstein |username=EricRWeinstein |content=VaR -> Kayfabe <nowiki>|</nowiki> Coase -> Economics <nowiki>|</nowiki> Stable Tastes -> Kayfabe <nowiki>|</nowiki> Arrow's Theorem -> Economics <nowiki>|</nowiki> Rep. Consumer -> Kayfabe <...") Â |
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|content=VaR -> [[Kayfabe]] <nowiki>|</nowiki> [[Ronald Coase|Coase]] -> Economics <nowiki>|</nowiki> [[Stable Tastes]] -> [[Kayfabe]] <nowiki>|</nowiki> [[Arrow's Impossibility Theorem|Arrow's Theorem]] -> Economics <nowiki>|</nowiki> Rep. Consumer -> [[Kayfabe]] <nowiki>|</nowiki> B. Scholes-> Econ | |content=VaR -> [[Kayfabe]] <nowiki>|</nowiki> [[Ronald Coase|Coase]] -> Economics <nowiki>|</nowiki> [[Stable Tastes]] -> [[Kayfabe]] <nowiki>|</nowiki> [[Arrow's Impossibility Theorem|Arrow's Theorem]] -> Economics <nowiki>|</nowiki> Rep. Consumer -> [[Kayfabe]] <nowiki>|</nowiki> B. Scholes-> Econ | ||
|timestamp=12:26 PM · Sep 10, 2009 | |timestamp=12:26 PM · Sep 10, 2009 | ||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1461434251107180551 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=<nowiki>#</nowiki>bitcoin #Crypto #nft #Blockchain #Decentralization #DeFi #web3 #inflation #cpi #Trade #gaugetheory | |||
|thread= | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1461432604477911040 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=Bitcoiners & I are focused on the danger of two related DC printing presses: | |||
I) One that prints money directed by the Federal Reserve. | |||
II) One that prints the CPI at the @BLS_gov which *forces* billions of dollars in wealth transfers and which can disguise the printing of fiat. | |||
|media1=ERW-X-post-1461432602112368642-FEgNNHMVcAM0Kg-.jpg | |||
|timestamp=8:34 PM · Nov 18, 2021 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1461432604477911040 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=We don’t always agree. I’ve no idea how Satoshi took aim at I) above. And I don’t yet know how to explain the importance of gauge theory to Gold (physical Gauge Theory), Prices/Quantities (abelian GT), Trade (non-abelian GT) and Utility (infinite dim GT): | |||
https://economics.uchicago.edu/sites/economics.uchicago.edu/files/Welfare_Chicago_Draft.pdf | |||
|timestamp=8:34 PM · Nov 18, 2021 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1461432608923914241 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=But we’ve been working together behind the scenes. I so appreciate @Breedlove22 coming to Chicago to witness what I hope will be the beginning of an attack on abuses of perhaps the second most dangerous printing press in Washington as inflation heats up. | |||
Thanks #Bitcoiners: LFG. | |||
|timestamp=8:34 PM · Nov 18, 2021 | |||
|media1=ERW-X-post-1461432608923914241-FEgNNkoVEAAcdGr.jpg | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1461432611918651392 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=Lastly when we trade with nations that have a different currency from ours, how can we measure inflation of both separate currencies relative to two baskets (imports & exports) without artificially assuming the law of one price? | |||
We *must* innovate here: | |||
https://economics.uchicago.edu/sites/economics.uchicago.edu/files/Chicago_Trade_Index_Draft.pdf | |||
|timestamp=8:34 PM · Nov 18, 2021 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1461432612933693442 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=Bitcoiners, open minded economists & math/physics folks: we have a serious problem navigating world markets using indicators that currently rely on *preposterous* assumptions (homotheticity, law of one price, [[Stable Tastes|stable tastes]], etc) Economics needs more eyeballs on it from outside.🙏 | |||
|timestamp=8:34 PM · Nov 18, 2021 | |||
}} | |||
|timestamp=8:40 PM · Nov 18, 2021 | |||
}} | }} | ||
Revision as of 21:53, 9 December 2025
VaR -> Kayfabe | Coase -> Economics | Stable Tastes -> Kayfabe | Arrow's Theorem -> Economics | Rep. Consumer -> Kayfabe | B. Scholes-> Econ
Bitcoiners & I are focused on the danger of two related DC printing presses:
I) One that prints money directed by the Federal Reserve.
II) One that prints the CPI at the @BLS_gov which *forces* billions of dollars in wealth transfers and which can disguise the printing of fiat.
We don’t always agree. I’ve no idea how Satoshi took aim at I) above. And I don’t yet know how to explain the importance of gauge theory to Gold (physical Gauge Theory), Prices/Quantities (abelian GT), Trade (non-abelian GT) and Utility (infinite dim GT): https://economics.uchicago.edu/sites/economics.uchicago.edu/files/Welfare_Chicago_Draft.pdf
But we’ve been working together behind the scenes. I so appreciate @Breedlove22 coming to Chicago to witness what I hope will be the beginning of an attack on abuses of perhaps the second most dangerous printing press in Washington as inflation heats up.
Thanks #Bitcoiners: LFG.
Lastly when we trade with nations that have a different currency from ours, how can we measure inflation of both separate currencies relative to two baskets (imports & exports) without artificially assuming the law of one price?
We *must* innovate here:
https://economics.uchicago.edu/sites/economics.uchicago.edu/files/Chicago_Trade_Index_Draft.pdf
Bitcoiners, open minded economists & math/physics folks: we have a serious problem navigating world markets using indicators that currently rely on *preposterous* assumptions (homotheticity, law of one price, stable tastes, etc) Economics needs more eyeballs on it from outside.🙏
#bitcoin #Crypto #nft #Blockchain #Decentralization #DeFi #web3 #inflation #cpi #Trade #gaugetheory
Related Pages
- Arrow's Impossibility Theorem
- Borjas Rectangle Theory
- Boskin Commission
- CPI
- François Divisia
- Gary Becker
- Gauge Theory
- Gauge Theory of Economics
- George Stigler
- Kayfabe
- Ken Arrow
- Immigration
- Migration For The Benefit of All: Towards a New Paradigm for Migrant Labor (Content)
- Renewing our Belief in the Future of Humanity with Eric Weinstein (YouTube Content)
