Information Equilibrium
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Ad hominem, for lack of a better word, is good
The logical fallacy is rational triage
May 14
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Jason Smith
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Ad hominem, for lack of a better word, is good
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On Hayek's "The Use of Knowledge in Society" (1945)
I think this paper is a libertarian touchstone because it doesn't get into a lot of specifics — which is always an issue for libertarianism.
May 2
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Jason Smith
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On Hayek's "The Use of Knowledge in Society" (1945)
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April 2023
Employment situation: core unemployment rising
A couple of fluctuations have vanished, but unemployment without temporary layoffs rises beyond the level triggering a recession detection
Apr 7
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Jason Smith
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Employment situation: core unemployment rising
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JOLTS and PCE inflation updates
A single data point potentially resolves a point of confusion
Apr 4
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Jason Smith
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JOLTS and PCE inflation updates
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March 2023
Rent's Rule and Information Equilibrium
Another application of information equilibrium
Mar 15
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Jason Smith
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Rent's Rule and Information Equilibrium
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Labor market update: 10 March 2023
JOLTS returning to equilibrium, unemployment still biased high
Mar 10
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Jason Smith
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Labor market update: 10 March 2023
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February 2023
Reference post: differential equations
Well, one differential equation
Feb 10
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Jason Smith
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Reference post: differential equations
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JOLTS Update 2023-02-01
Negative shock estimates seem to be converging on a relatively small shock ... or a return to the 2017 equilibrium? Plus, updates for unemployment.
Feb 1
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Jason Smith
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JOLTS Update 2023-02-01
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January 2023
Polycrisis, complex systems and trust
There is something to the idea of a new kind of systemic failure — polycrisis — arising from complexity of human institutions.
Jan 30
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Jason Smith
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Polycrisis, complex systems and trust
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Latest data telling the same story as last [insert unit of time]
Don't let that stop you from producing a new grand narrative, though.
Jan 26
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Jason Smith
4
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Latest data telling the same story as last [insert unit of time]
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Genuine "longtermism"
What if you really wanted to think about long term survival of humans as a species instead of catering to rich people?
Jan 23
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Jason Smith
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Genuine "longtermism"
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The equity premium puzzle
Addressing the problem in the information equilibrium framework
Jan 13
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Jason Smith
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The equity premium puzzle
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