In Genuine Praise of So Called Folly: Why Only Nonoptimization Matters

The title of this article might seem a strange one coming from an economist. This is the third of three planned essays. The two preceding articles in this series, the first of which built a lens to observe life from a tautology and the second, took reasonable scientific inference from the first. In this article,… Continue reading In Genuine Praise of So Called Folly: Why Only Nonoptimization Matters

Receptor Theory: Why Fiction is “True”

Audio version here This is a continuation of the last article on The Universal Lens. But only two claims from that article are needed. -All life must in some way be a statistical response model to its environment. This is because for life to continue, it must fulfill the dual mandates of gathering energy from… Continue reading Receptor Theory: Why Fiction is “True”

The Universal Lens: Basic Logic of Any Self Organizing System 

(of which so far constitutes only life, but this logic applies to any and all future robot overlords[1]). All systems tend towards the inevitability of entropy. A drop of ink placed in a glass of water quickly and with statistical necessity will become a glass of tinted water. A rock placed in the water would… Continue reading The Universal Lens: Basic Logic of Any Self Organizing System 

Wise King Midas:80% of Macroeconomics in One Story

King Midas is the man who can turn anything he touches into gold. He has been used several times to illustrate a few basic principles about money(with the extra assumption being that during his time, gold=money. For this story, we can additionally ignore international trade just to make life easier). First, he was introduced to… Continue reading Wise King Midas:80% of Macroeconomics in One Story