Information Equilibrium
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Jason Smith

ALX
Jason Smith
New information theory-based definitions are not new theories

New information theory-based definitions are not new theories

I'm still working on a synthesis of several threads involving complex systems, cybernetics, machine learning, and economics that Unlearning Economics and I mused about in a YouTube interview last December (he has a new book out BTW). However two things came up that seems to market themselves as

By Jason Smith 13 Apr 2025

Living nightmare not yet affecting labor market statistics

As I write this, the DJIA is down ~1000 points and markets have been open only half an hour. However, stocks are generally forward-looking while the jobs numbers are "current" conditions with a lag. And as of last month, things were normal. The latest "core" (U3

By Jason Smith 04 Apr 2025
a graph of a version of the unemployment rate showing recent data starting to follow the post pandemic path

Employment situation: March 2025

The first ghost post (ghoast poast) — and it's not that interesting. Which is good! Unemployment looks like what we expected last month (and the month before that, and the month before that ...). The last five data points (the last ones that fall in the gray band in the

By Jason Smith 07 Mar 2025
A grid of brownian motion dots of varying intensities of blue with a blueberry at the end of the path

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Host to host to ghost

Information Equilibrium is moving away from substack after only about two and a half years since they seem to want to continue to profit from evil. I imported the subscriber list, but feel free to unsubscribe. Subscribe if you haven't in order to be where the magic happens

By Jason Smith 02 Mar 2025
Information Equilibrium
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Information Equilibrium

A random physicist takes on economics using information theory