Everything net
Everything relevant to the thought... You don't need to go to CPT to argue that "deep down" there is no such thing as causality. Newtonian mechanics is also governed by algebraic equalities, so it is symmetric, telling us that f=ma is as valid as a=f/m. ...
... Where causality comes in is when we venture to model the 1/2 https://t.co/AmgYUOenjq ...
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... Thread… Here’s my basic understanding of the model: the economy has some industries that are capital intensive and others that are not. When the central bank makes interest rates artificially low, it makes capital investment cheap and skews the economy toward capital intensive sectors. ...
... As a result, inflation starts to inch up, and central banks are forced to raise interest rates to cool things off. So far this is an entirely conventional account of how business cycles work. But now things get weird. ...
... The period through the end of 2007 arguably fits the austrian model. There was arguably over investment in residential home construction. In 2006 and 2007 the home building industry was contracting while other industries were still growing. But in mid 2008, the situation changed. ...
... I can’t figure out how to explain this period with an Austrian model. I don’t see why anyone would consider this kind of mass unemployment necessary or how it set us up for stronger growth later. ...
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... So if Newt Gingrich forced the BLS to lower the CPI as a backdoor way of cutting Social Security payments, did he force the BEA to do the same thing so it wouldn't look suspicious? ...
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... pivot, which I was able to incorporate 1/ https://t.co/LwvwHJ6lgv I say sort-of pivot because while the Fed has stopped saying "transitory", it still seems to believe that much of the inflation we're currently experiencing will fade away without the need to impose a lot of economic pain 2/ One odd thing ...
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... Given this apparent trend, we use the motivating example of mental time travel in humans to propose ways in which insights from each of the three theories may be combined into a unified model. ...
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... And I'm puzzled about the vehemence 1/ Let's stipulate two things. 1. Monopoly is a real issue and problem in the US economy. 2. It is not, however, a major reason for the acceleration of inflation in 2021, nor can a crackdown on monopoly do a lot to bring inflation down. ...
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... bitcoins mined in 2021; at $50K each, that's around 0.2% of US GDP 5/ By contrast, residential investment peaked at almost 7% of GDP and fell by more than 4% 6/ https://t.co/PDSNM4BV7l And there surely isn't enough leveraged buying of crypto to create 2008-type financial stability risks, although things ...
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... The mind net is about connecting thoughts and ideas within and between minds. Through these connections and visualizations of them, the mind net aims to unlock new possibilities of human understanding and innovation. ...
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... More specifically, a network of ideas, thoughts, propositions, observations, things that live in our minds. Imagine we can connect things in our minds with things in other people's minds. ...
... As explained by the book "Where Good Ideas Come From: The Natural History of Innovation", being able to make connections between ideas in different minds has been critical for human innovations. ...
... Imagine if we have a medium that is specifically designed to facilitate connections between ideas in different minds. This medium is structured but allows easy divergence, multilateral and asynchronous. ...
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... A system can be created to let users record their inquiry thoughts/ideas as observations, hypotheses, and predictions (OH&P). ...
... We can call this digitalized mind. The digitalized mind makes thoughts/ideas easier to consume, assess and generate new insights. ...
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... A system that lets users record their inquiry thoughts/ideas as observations, hypotheses, and predictions (OH&P) can provide a new mode of communication and collaboration between users - they can structurally connect their atomic OH&P directly to other users' OH&P. ...
... Such a system that connects atomic ideas and thoughts between users might achieve a **digitalized collective mind**. Digitalized mind means all ideas/thoughts are digitalized, collective meaning that these ideas/thoughts are contributed by multiple users and digitally connected to each other. ...
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... The mind net aim to make such links bi-directional. ...
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... [The net view](https://www.themind.net/mapItems/Hypothesis/348E44hASHa7AvgODCLkyg/net/?netViewMode=FormalGraph) ...
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... That is, assign language tokens to objects. not just for communication, e.g., when young children name their dolls. Or when someone comes up with a new concept, they would eager to find a linguistic name for it, even before the need to communicate it. ...
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