Gauge Theory and Inflation: Enlarging the Wu-Yang Dictionary

Tom Henderson · 37K views · 2014 · 1:04:39

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Fundamental physicsMacroeconomics & financial crisesPure mathematicslecture

Why Hacker News recommends it

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

What it is

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.

Recommended by 0 HN commenters across 0 different months, 2018 to 2021.

What Hacker News said

Cites espeed · 2018-02 · on “The conceptual origins of Maxwell's equations and gauge theory (2014) [pdf]”

Note the article is by Nobel Laureate C.N. Yang [1] who also worked with James Simons and co-authored what has become known as the "Wu-Yang Dictionary" [2]. [1] Yang-Mills Theory: [LINK] [2] "Wu-Yang Dictionary" [LINK] ...The mathematics of these results is in fact well known to the mathematicians in fiber bundle theory. An identification table of terminologies is given in Sec. V. We should emphasize that our interest in this paper does not lie in the beautiful, deep, and general mathematical development in fiber bundle theory. Rather we are concerned with the necessary concepts to describe the physics of gauge theories. It is remarkable that these concepts have already been intensively stud

Cites espeed · 2018-10 · on “Analysis in Higher Gauge Theory”

One emerging realization is that the essence of gauge theory [0] has revealed itself as an insight to some whom have learned to apply it beyond the realm of physics. Eric Weinstein [1], managing director of Thiel Capital, has been advocating upgrading the current economic calculus with a quantitative model based on gauge theory that can better adapt to changing behavior and changes in consumer preferences across time (for example). Eric has intimated that James Simons [2] discovered a secret (in the Peter Thiel sense of the word) related to gauge theory during the time Simons and C.N. Yang [3] (as in Yang-Mills Theory [4]) discovered the correspondences in what has become known as the "Wu-Ya

Cites pgt · 2018-11 · on “Eric Weinstein may have found the answer to physics' biggest problems (2013)”

Link to lecture? The only video I can find is [this 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!

Cites espeed · 2019-03 · on “Revolutionary Ideas in Science, Math, and Society [video]”

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] [this video]

Critical iamdamian · 2021-09 · on “Public Comment on Inflation Measurement”

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),