You probably want to talk to @infotranecon about information theory and macroeconomics, as he's uniquely qualified to answer
-
-
-
(My crude economic understanding tells me that the Fed printing more money does not necessarily necessarily increase inflation, so I'm not even sure how to start thinking about the question)
- Show replies
New conversation -
-
-
If socializing the cost means transferring it from one group to another then wouldn't the forgetting mostly be done by the smaller group that transferred it away from themselves?
-
Yes, but it can still lose info. If an unknown rich person dumps a lot of toxic but not uniquely identifiable trash anonymously in the public dump, whole town suffers, but some info is arguably lost. Or at least obscured.
- Show replies
New conversation -
-
-
Suppose the information about the economic state is in the distribution of wealth. Then that the way the new money is distributed either causes the wealth distribution to diverge from 'true' distribution or increase in absolute entropy. Then yes. See also https://www.goodreads.com/book/show/624982.The_Entropy_Law_and_the_Economic_Process …
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.