6. In econometrics we are just discovering symmetries (general equilibrial invariances) in economic phenemenon which may help us develop a new macro-economic theory the way chemistry and biology evolve from physics.
Source date (UTC): 2021-02-13 05:17:19 UTC
Original post: https://twitter.com/i/web/status/1360458007612686338
Reply addressees: @torinmccabe @BlurmpfG @PROPERTARYAN
Replying to: https://twitter.com/i/web/status/1360457757510557697
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@torinmccabe @BlurmpfG @PROPERTARYAN 5. In economics we know that suppression of irreciprocity produces monetary and economic velocity, and we know around 150 different economic general principles. But they are general rules of arbitrary precision. (The neutrality of money is the example I ususally use.)
Original post: https://x.com/i/web/status/1360457757510557697
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