After a long delay, I have finally completed a final draft. All that is left is to set the Amazon e-book formatting and submit. The chapter headings are as they were when the first full draft was completed, but the book is now longer (over 26,000 words) and better written ‒ with many thanks to those that agreed to read it!
A random physicist takes on economics
- Introduction. I finally tell the whole story of how I ended up doing this stuff.
- The critique. I lay out my critique of economics.
- Physicists. This is where I address economists' weird relationship with physics.
- Random people. Basically Gary Becker's 1962 irrational behavior paper explained with grade school math and blueberries.
- Another dimension. Saturating the budget constraint in a large number of dimensions explained with grade school math.
- Advantage: E. coli. Comparative advantage and economic behavior in biological systems.
- Great expectations. How expectations in economics let you get any result you want (explained with dice).
- Rigid like elastic. Entropic forces and sticky prices.
- SMDH. The SMD theorem in terms of blueberries and blueberry smoothies.
- The economic problem. Information equilibrium and the price mechanism.
- Economics versus sociology. When is the economy amenable to economics and when is it amenable to sociology?
- Are we not agents? Causal entropic forces and intelligence.
- Conclusions. Going forward, what are the recommendations for a research program and for policy?