{"title":"The Wealth Pies of Plato’s Library","authors":"Eric M. Holloway","doi":"10.33014/ISSN.2640-5652.1.1.HOLLOWAY.2","DOIUrl":null,"url":null,"abstract":"This letter discusses a method of thinking about economics in terms of mutual information, and modeling economic progress as a process of increasing mutual information with transcendent knowledge. This provides a way of understanding market growth in terms of Shannon's doubling rate.","PeriodicalId":114457,"journal":{"name":"Communications of the Blyth Institute","volume":"4 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2018-12-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Communications of the Blyth Institute","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.33014/ISSN.2640-5652.1.1.HOLLOWAY.2","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
Abstract
This letter discusses a method of thinking about economics in terms of mutual information, and modeling economic progress as a process of increasing mutual information with transcendent knowledge. This provides a way of understanding market growth in terms of Shannon's doubling rate.