FRACTAL ECONOMICS

The Denomination Standard (as opposed to the 'gold standard'): regularity in currency through time and place. A unit of gold is said to (give and take a little) buy the same good through time - hence the gold standard. My hypothesis is: does the denomination 'size' of fiat money (currency) buy the same goods (opposed to the nominal size which will differ from time to time, place to place ). How many of the lowest paper notes does it take to buy 'x' good - my case a big mac. I have found that in the developed world it costs generally around 2 of the lowest denomination notes for a McDonald's Big Mac (2012). Of course the amount grows the less developed the country - Sri Lanka 29. I conclude there maybe a 'standard note' (thank you to my student Paul) that will stand like a 'standing wave' over time and place; nominal prices will flow (rise) through it. Difficult to find a standard good, and there are lag times of course as note stay

A momentous morning for me.  As Copernicus and Galileo as my inspirers, and after (this morning) uncovering and clearing some critical details, I’m now not afraid any more – to speak, to show. Last month I published on my blog two entries I had been working on for last 5 years:  one on the fractal record of CO2, and the other on the fractal profile of CO2 (still in progress). ( http://www.fractalnomics.com/2013/03/the-fractal-record-of-heat-trapping-co2.html   and http://www.fractalnomics.com/2013/04/fractal-profile-of-co2.html ). This morning I published a complementary ‘wiki website ( www.wikifractal.org ) to these entries that will show and democratise ‘the where(?)’ (the examples of a phenomena – at all scales) (or not!). Where does a phenomena do as it is ‘said’ to do? Orbiting bodies and a sun centred ‘universe’ is a good case: before the telescope and evidence, a world of dogma; and after, a world of ‘science’. With the Hubble and (broken) Kepler telescopes

An attempt to measure the fractal wavelength. Rational This entry came (to me) from working on the fractal spiral, the fractal wave, and de Broglie demand curve entries. I thought - as it is impossible to measure both time and distance - that it may be possible to measure - even if only in principle - the distance of the wavelength - based on a known dimension, the length of the triangle side ( l ). Background. Fig. 1 below shows the fractal and its (while developing) 'wave like' nature. It shows the wave takes 6 iterations to repeat or produce one cycle, but it does not show the length of the wave, the wavelength ( λ). Fig. 1  Measuring the wavelength, an experiment. I came to me that through a simple 'experiment', the wavelength ( λ) may be measure, or at least better understood. Method: Take the iteration 0 triangle, and post it on a wall.  Cut out from a paper print the iteration 1 triangle from the fully developed Koch snowflake  Hold the pape