A Response to Economics as Gauge Theory

Timothy Nguyen

Papers from arXiv.org

Abstract: We provide an analysis of the recent work by Malaney-Weinstein on "Economics as Gauge Theory" presented on November 10, 2021 at the Money and Banking Workshop hosted by University of Chicago. In particular, we distill the technical mathematics used in their work into a form more suitable to a wider audience. Furthermore, we resolve the conjectures posed by Malaney-Weinstein, revealing that they provide no discernible value for the calculation of index numbers or rates of inflation. Our conclusion is that the main contribution of the Malaney-Weinstein work is that it provides a striking example of how to obscure simple concepts through an uneconomical use of gauge theory.

Date: 2021-12, Revised 2021-12
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://arxiv.org/pdf/2112.03460 Latest version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:2112.03460

Access Statistics for this paper

More papers in Papers from arXiv.org
Bibliographic data for series maintained by arXiv administrators ().