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Monthly Archives: February 2012
A Simple Case For Entropy Maximisation
Some days ago I invented a simple though experiment to illustrate some foundational concepts of information and entropy as it applies to human economics. Its very simple to understand, and it goes like this.
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God’s Utility Function
Lets Make a Mess Life’s purpose is entropy maximisation. Here is a video of a geek (who has successfully applied the aforementioned principle to his own face) explaining extremely clearly why this is so.
Political Ponerology, B Minus
Well, I’ve read as much of this work as I am going to. There’s much to like but unfortunately quite a bit wrong with it as well.
Little by Little
Sorry for the lack of posts recently – I have been wading through Political Ponerology (see the last post), and through a new Gorton paper on the constancy of risk free assets as a percentage of all financial assets at … Continue reading