Tag Archives: quantum mechanics

Is Your Reality Just a Simulation? Calculate the System’s Capacity.


Consider the idea that, unless intelligent civilizations tend to self-destruct, or they tend to lack the introspection to simulate their own origins, it is (apparently) statistically more likely that we (including you, dear reader) are a simulation – not the … Continue reading

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Misunderstanding the Mistake in Black-Scholes and Fama’s Rational Markets


Abstract: Probability has been getting a bad rap in finance and economics due to modeling mistakes that have led to many of the biggest financial catastrophes of the past 50 years. This has bled over into popular misconceptions that the … Continue reading

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Seeing Flows: Free-Markets, Parasitic Growth, Aquifer Depletion, and Income Inequality


Continued from this post, and, yes, all of these title concepts are tightly related… My suggestion for dealing with aquifer depletion is to develop canals that divert excessive water from the Mississippi and its tributaries (and maybe even the Great … Continue reading

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A Heisenberg-ish Pricing Uncertainty Theorem


Krugman pokes fun at Rand Paul endorsing Milton Friedman for FED chairman, since Friedman is neither alive nor an Austrian, though many conservatives don’t realize that. Then he rips into those who believe Hayek wasn’t a liquidationist: I have, incidentally, … Continue reading

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