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Showing posts from June, 2011

1 + 1 does not equal 2

It came to me yesterday - in an epiphany: 1 + 1 does not equal 2 : if it does it is only half the answer, the other half lies in understanding chaos and fractals. The definition of (or insight from) the fractal is: same but different (or regular irregularity) - at all scales. Fractals show us how no one object is the same, they are complex, they are different . The 'same ' component of the definition is quantitative, and met or described as the 1 + 1. The different is qualitative and describes (at least) the diversity, complexity or unpredictability of the object. Update 2015 I have long thought about the my early entry and now know more. If 2 identical objects are added together, they equal 1. They are indistinguishable. I have also leant this is an assumption at the quantum level where particles are assumed to be identical; more support to my fractal quantum theory. I plan to write all this up in one paper as soon as I can. Blair

Decades of Common Agriculture Policy leave Europe with little future hope.

Update: 01-11-2011 I have been thinking of a metaphor to sum up this issue, and thought of this: " Cutting off the nose to spite the face " Original entry: This is the perfect fractal (or scale) example of 'no such thing as a free lunch'. D ecades of agriculture protectionism - strangling the death out of developing economies - has (ironically) hindered any prospects for Europe trading itself out of this (next to) bankrupt financial crisis it is currently in.   One of the saddest topics in the subject of economics is that of the impacts of farm and agriculture protectionism, namely the Common Agricultural Policy , or the CAP.  For decades it has favoured a very  few – some 1  to 2% on average of EU GDP  – at the expense of the EU tax payer, and has almost systematically destroyed –  through the act of dumping –  any hopes of developing counties (LDC’s) producing and importantly trading food themselves. It has gotten so bad, and out of hand, these countries

Rationality and Chaos

Updated: 29th Nov. 2012 This is an entry I have been wanting to do for some time, and is the first of three on fractal insights I have discovered on the economic assumptions (rationality, ceteris paribus, and perfect knowledge). This is a very difficult subject to describe, I hope I give it justice. I strongly believe that the issue of understanding of rationality is closely related to - if not the same as - that of understanding 'chaos': that is to say, complex systems are unpredictable. If we are to understand rationality, then should understand chaos, and thus, fractals. The definition of the fractal (attractor) is: same but different , at all scales. In our Economic models we use the assumption ceteris paribus: we hold all other variables constant,  and treat all persons as rational, so as to see the order (or the 'same', as in the definition), amongst complexity -  just as other science's do.  This definition maybe adapted or interpreted in this context