Monthly Archives: July 2015

The EPR Paper

In 1935, three quantum physicists, Albert Einstein, Boris Podolsky, and Nathan Rosen wrote an article for the journal Physical Review, entitled “Can Quantum-Mechanical Description of Physical Reality Be Considered Complete?” Quantum mechanics is the attempt to describe the physics of subatomic particles’ behavior and interactions using mathematics. Realism is the idea that objects, particles, and […]

Cage Match #3: Garrison and Lachmann

Garrison and Lachmann have a great many ideas in common. However, they differ in significant manners that allow us to investigate and deduce their most core understandings of the emergent factors involved in the “microfoundations” of “the macroeconomy.” Garrison sees the economy, really the collection of individuals interacting in various trades, as essentially something that […]

Cage Match #2: Eurocrats, Nations, and Individuals

Up next, we have the international money, competing with the European federal state, competing with individual European nation-states, competing with European individuals themselves. Ostensibly, Eurocrats (including the ECB) and international banks like the IMF want to work together. Lately, they have been, owing to the fact that Greece looks like a pressure point in the […]