nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev the word you were looking for was GAUGE THEORY cc nostr:npub1sfhflz2msx45rfzjyf5tyj0x35pv4qtq3hh4v2jf8nhrtl79cavsl2ymqt
Discussion
I'm trying to procrastinate 5 minutes before my work day and you post a Magnum opus like this?
I'm going to need a cigarette
What I got from this is that arbitrage between the cost of input resources for producing something of value, and the revenue of the output is a key driving force in an economy (not simply corrections of minor imperfections tending towards a perfect equilibrium, as Weinstein apparently wants to believe for Gauge Theory). The economy can never be mathematized when its variables comprise a myriad of conscious beings with subjective intent, and far less so in an environment where the would-be yardstick ($) is itself floating in an unpredictable sea of the futile ambitions of a tiny subset of those conscious beings with their own subjective intent (Fed)
THANK YOU! That was bugging the ever loving shit out of me 😂
omg so embarrassing when Guy forgets about gauge theory. it’s like, how many times a week does this have to happen?