Stable Tastes: Difference between revisions
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|nameurl=https://x.com/EricRWeinstein/status/2811431872 | |nameurl=https://x.com/EricRWeinstein/status/2811431872 | ||
|name=Eric Weinstein | |name=Eric Weinstein | ||
|usernameurl=https://x.com/ | |usernameurl=https://x.com/ericweinstein | ||
|username= | |username=ericweinstein | ||
|content=In fact, joking with @toothfairycyber aside, the "tooth fairy" has far more science behind her than [[Stable Tastes|'stable tastes']]: | |content=In fact, joking with @toothfairycyber aside, the "tooth fairy" has far more science behind her than [[Stable Tastes|'stable tastes']]: | ||
http://bit.ly/HaexQ | http://bit.ly/HaexQ | ||
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|nameurl=https://x.com/EricRWeinstein/status/3618131148 | |nameurl=https://x.com/EricRWeinstein/status/3618131148 | ||
|name=Eric Weinstein | |name=Eric Weinstein | ||
|usernameurl=https://x.com/ | |usernameurl=https://x.com/ericweinstein | ||
|username= | |username=ericweinstein | ||
|content=Rules are that it has to be in the Econ department on video with [[Gary Becker|Becker]] present at Chicago or Jorgenson at [[Harvard]]. | |content=Rules are that it has to be in the Econ department on video with [[Gary Becker|Becker]] present at Chicago or Jorgenson at [[Harvard]]. | ||
|thread= | |thread= | ||
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|nameurl=https://x.com/EricRWeinstein/status/3617527422 | |nameurl=https://x.com/EricRWeinstein/status/3617527422 | ||
|name=Eric Weinstein | |name=Eric Weinstein | ||
|usernameurl=https://x.com/ | |usernameurl=https://x.com/ericweinstein | ||
|username= | |username=ericweinstein | ||
|content=[[Arrow's Impossibility Theorem|Arrow's impossibility theorem]] can be seen as a cohomological obstruction to constructing representative consumers without magical thinking. | |content=[[Arrow's Impossibility Theorem|Arrow's impossibility theorem]] can be seen as a cohomological obstruction to constructing representative consumers without magical thinking. | ||
|timestamp=2:42 AM · Aug 29, 2009 | |timestamp=2:42 AM · Aug 29, 2009 | ||
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|nameurl=https://x.com/EricRWeinstein/status/3617738723 | |nameurl=https://x.com/EricRWeinstein/status/3617738723 | ||
|name=Eric Weinstein | |name=Eric Weinstein | ||
|usernameurl=https://x.com/ | |usernameurl=https://x.com/ericweinstein | ||
|username= | |username=ericweinstein | ||
|content=[[Gary Becker|Becker's]] theory of [[Stable Tastes|stable homogenous tastes]] on the other hand is....words fail me...the greatest indictment of [[Peer Review|peer review]]. Ever. | |content=[[Gary Becker|Becker's]] theory of [[Stable Tastes|stable homogenous tastes]] on the other hand is....words fail me...the greatest indictment of [[Peer Review|peer review]]. Ever. | ||
|timestamp=2:54 AM · Aug 29, 2009 | |timestamp=2:54 AM · Aug 29, 2009 | ||
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|nameurl=https://x.com/EricRWeinstein/status/3617798373 | |nameurl=https://x.com/EricRWeinstein/status/3617798373 | ||
|name=Eric Weinstein | |name=Eric Weinstein | ||
|usernameurl=https://x.com/ | |usernameurl=https://x.com/ericweinstein | ||
|username= | |username=ericweinstein | ||
|content=Just for a moment...put yourself in my shoes. I have an amazing theory of welfare with evolving tastes and a cult that claims [[Stable Tastes|stable tates]]. | |content=Just for a moment...put yourself in my shoes. I have an amazing theory of welfare with evolving tastes and a cult that claims [[Stable Tastes|stable tates]]. | ||
|timestamp=2:57 AM · Aug 29, 2009 | |timestamp=2:57 AM · Aug 29, 2009 | ||
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|nameurl=https://x.com/EricRWeinstein/status/3617875123 | |nameurl=https://x.com/EricRWeinstein/status/3617875123 | ||
|name=Eric Weinstein | |name=Eric Weinstein | ||
|usernameurl=https://x.com/ | |usernameurl=https://x.com/ericweinstein | ||
|username= | |username=ericweinstein | ||
|content=Why stop at [[Stable Tastes|stable tastes]]? Why not declare yourself the last Pasha of Scotland and immune from bigamy laws as a winged son of Zeus? | |content=Why stop at [[Stable Tastes|stable tastes]]? Why not declare yourself the last Pasha of Scotland and immune from bigamy laws as a winged son of Zeus? | ||
|timestamp=3:01 AM · Aug 29, 2009 | |timestamp=3:01 AM · Aug 29, 2009 | ||
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|nameurl=https://x.com/EricRWeinstein/status/3618080234 | |nameurl=https://x.com/EricRWeinstein/status/3618080234 | ||
|name=Eric Weinstein | |name=Eric Weinstein | ||
|usernameurl=https://x.com/ | |usernameurl=https://x.com/ericweinstein | ||
|username= | |username=ericweinstein | ||
|content=$500 Challenge: Get me an invited Econ gig at Chicago / [[Harvard]] to confront the theory of ordinal welfare with [[Stable Tastes|stable homogenous tastes]]. | |content=$500 Challenge: Get me an invited Econ gig at Chicago / [[Harvard]] to confront the theory of ordinal welfare with [[Stable Tastes|stable homogenous tastes]]. | ||
|timestamp=3:13 AM · Aug 29, 2009 | |timestamp=3:13 AM · Aug 29, 2009 | ||
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|nameurl=https://x.com/EricRWeinstein/status/3886175728 | |nameurl=https://x.com/EricRWeinstein/status/3886175728 | ||
|name=Eric Weinstein | |name=Eric Weinstein | ||
|usernameurl=https://x.com/ | |usernameurl=https://x.com/ericweinstein | ||
|username= | |username=ericweinstein | ||
|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 | ||
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|nameurl=https://x.com/EricRWeinstein/status/1461434251107180551 | |nameurl=https://x.com/EricRWeinstein/status/1461434251107180551 | ||
|name=Eric Weinstein | |name=Eric Weinstein | ||
|usernameurl=https://x.com/ | |usernameurl=https://x.com/ericweinstein | ||
|username= | |username=ericweinstein | ||
|content=<nowiki>#</nowiki>bitcoin #Crypto #nft #Blockchain #Decentralization #DeFi #web3 #inflation #cpi #Trade #gaugetheory | |content=<nowiki>#</nowiki>bitcoin #Crypto #nft #Blockchain #Decentralization #DeFi #web3 #inflation #cpi #Trade #gaugetheory | ||
|thread= | |thread= | ||
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|nameurl=https://x.com/EricRWeinstein/status/1461432604477911040 | |nameurl=https://x.com/EricRWeinstein/status/1461432604477911040 | ||
|name=Eric Weinstein | |name=Eric Weinstein | ||
|usernameurl=https://x.com/ | |usernameurl=https://x.com/ericweinstein | ||
|username= | |username=ericweinstein | ||
|content=Bitcoiners & I are focused on the danger of two related DC printing presses: | |content=Bitcoiners & I are focused on the danger of two related DC printing presses: | ||
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|nameurl=https://x.com/EricRWeinstein/status/1461432604477911040 | |nameurl=https://x.com/EricRWeinstein/status/1461432604477911040 | ||
|name=Eric Weinstein | |name=Eric Weinstein | ||
|usernameurl=https://x.com/ | |usernameurl=https://x.com/ericweinstein | ||
|username= | |username=ericweinstein | ||
|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): | |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 | https://economics.uchicago.edu/sites/economics.uchicago.edu/files/Welfare_Chicago_Draft.pdf | ||
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|nameurl=https://x.com/EricRWeinstein/status/1461432608923914241 | |nameurl=https://x.com/EricRWeinstein/status/1461432608923914241 | ||
|name=Eric Weinstein | |name=Eric Weinstein | ||
|usernameurl=https://x.com/ | |usernameurl=https://x.com/ericweinstein | ||
|username= | |username=ericweinstein | ||
|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. | |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. | ||
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|nameurl=https://x.com/EricRWeinstein/status/1461432611918651392 | |nameurl=https://x.com/EricRWeinstein/status/1461432611918651392 | ||
|name=Eric Weinstein | |name=Eric Weinstein | ||
|usernameurl=https://x.com/ | |usernameurl=https://x.com/ericweinstein | ||
|username= | |username=ericweinstein | ||
|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? | |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? | ||
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|nameurl=https://x.com/EricRWeinstein/status/1461432612933693442 | |nameurl=https://x.com/EricRWeinstein/status/1461432612933693442 | ||
|name=Eric Weinstein | |name=Eric Weinstein | ||
|usernameurl=https://x.com/ | |usernameurl=https://x.com/ericweinstein | ||
|username= | |username=ericweinstein | ||
|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.🙏 | |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=8:34 PM · Nov 18, 2021 | ||
Latest revision as of 00:24, 6 May 2026
In fact, joking with @toothfairycyber aside, the "tooth fairy" has far more science behind her than 'stable tastes': http://bit.ly/HaexQ
Arrow's impossibility theorem can be seen as a cohomological obstruction to constructing representative consumers without magical thinking.
Becker's theory of stable homogenous tastes on the other hand is....words fail me...the greatest indictment of peer review. Ever.
Just for a moment...put yourself in my shoes. I have an amazing theory of welfare with evolving tastes and a cult that claims stable tates.
Why stop at stable tastes? Why not declare yourself the last Pasha of Scotland and immune from bigamy laws as a winged son of Zeus?
$500 Challenge: Get me an invited Econ gig at Chicago / Harvard to confront the theory of ordinal welfare with stable homogenous tastes.
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[edit]
- 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)
