FRACTAL ECONOMICS

The fractal record – like the fossil record that inspired its name – is a record of the ‘different’ (occurrences) of the ‘same’ (object or rule), not only through time - as in the fossil record - but through the present, the now. It is a record of the where? The examples - at all scales. This is to say that the fossil record is actually a fractal record - that traces the path of bones through time. The fractal record is based on laws of fractality (which I will release soon) and, most importantly, on the principle of ceteris paribus - setting all else constant. In this state, the only thing discernible, or true, is the object, as demonstrated below in the Koch snowflake development and the creator-scape. Of course, the fractal record is the foundation of language, knowledge, and science; it is universality. And I have great plans for it. Used correctly, we shall see that the discovery of the fractal was one of our great discoveries.

Ceteris Paribus - keeping all other factors equal or constant. Fractal Isolation This entry shows that fractals demonstrate that Ceteris Paribus exists in reality and has connections directly to our understanding of reality—even possibly at the atomic scale.   Ceteris Paribus  is a central assumption behind economic models and analysis—and, of course, unbeknown to others, all science itself. It assumes or sets all other factors equal or constant, allowing us to study the pattern of the object in question. Without it, the 'cause' and the 'effect' would not be discernible—or would be confused in the 'chaos'. I often explain to those outside economics that this is our way of achieving a controlled laboratory experiment. This is also seen as the weakness of economics, as we don't (really) live in a 'ceteris paribus' world; we live in chaos. I would strongly argue—again—that this is the weakness of all the 'sciences'. We may have theories, ...