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Gauge Theory and Inflation: Enlarging the Wu-Yang Dictionary

Tom Henderson · 37.9K views · 2014-04-29 · 1:04:39

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Overview

A talk by Eric Weinstein on gauge theory and its possible application to economics and inflation. It proposes extending the Wu-Yang dictionary into a geometric tool beyond physics.

On Hacker News

Cited mainly as the available video of Weinstein's gauge-theory-of-economics ideas, sometimes skeptically.

Discussed on HN; no positive recommendation is recorded in this export · HN mentions 2018–2021

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What people said

iamdamian · 2021-09 · Criticism

Yes, any inflation measure is imperfect, but I'm not sure how it could even theoretically be perfect given changing technology. How do you properly measure substitution effects that the iPhone has had relative to everything it imperfectly replaced; or the way services have replaced ownership in some areas of life? Given the complexity involved, the current measure seems to do the job well enough. As a side note, this mistrust of the CPI is something Eric Weinstein loves to bring up, too, with the same narrative about CPI being designed by politicians. After watching him try to convince economists [0][1] of the points made in this article (and avoiding questions that get specific or complex), I'm unconvinced I need to care. [Edited to add second, more relevant video] [0]: [VIDEO] [1]: [LINK]

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espeed · 2019-03 · Reference

Not this podcast, but I did a few years ago when I started googling Eric Weinstein's references on guage theory and the Wu-Yang Dictionary. See... Gauge Theory and Inflation: Enlarging the Wu-Yang Dictionary [video] [VIDEO]

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pgt · 2018-11 · Reference

Link to lecture? The only video I can find is [VIDEO] It’s strange how much meta-content has been written about how wrong Weinstein is, but none of the publications articulate his position or refute it. Show us the math, and we’ll decide for ourselves. If anything, denials without formulas strengthen the perceived novelty of his ideas - whatever they are!

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Sources

Video by Tom Henderson, played through YouTube.

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