6. In econometrics we are just discovering symmetries (general equilibrial invar

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


IN REPLY TO:

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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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