max funk

published why is systemaccounting necessary in FAQ 2021-08-10 17:20:33 -0700

why is systemaccounting necessary

A:

extending a conservation law to transactions connects an economy to the natural, physical universe

modeling an economy the same way the universe models human activity protects the public from philosophical descriptions of the simple mechanical action connecting consumption with production

the public is also entitled to facts such as the most competitive price—including the minimal return expected of an asset as computed from historical transaction data, and not from publicly appointed committees (dictating lending rates distorts and destabilizes other rates)

benchmarking the risk free rate on the average return of equity guards investors from the absence of empirical evidence when judging the opportunity cost of capital


published how is branding affected by systemaccounting? in FAQ 2021-06-27 14:35:59 -0700

how is branding affected by systemaccounting?

A:

branding conceals who is performing the work

and adds intellectual friction by persuading people a difference exists when there either isnt any, or the difference is trivial

protecting the work of an individual from executives who attempt to create a career from branding helps the market locate production sources without paying large premiums to those who merely style it

setting the attractiveness of a good or service on its easily measurable performance emphasizes the beauty of numbers over fictional symbols and shallow catch phrases

independently measuring the value of a good or service, instead of receiving advice from its producer on how to "perceive" it, dispenses with the lazy intellectual process overemphasized and exploited by branding


what is the challenge of adopting a higher empirical standard in the economy?

A:

theres self entitlement

and then theres public entitlement

there isnt much difference between a youthful version of these when an economy is indulged by television and banking

elected officials accustomed to acquiring their titles from television addicts—who permit them to cover up failure with counterfeit—will experience difficulty reconciling between the titles they convince television watchers to give them, and the titles their measured actions earn them

as systemaccounting reveals leaders who can create prosperity without ingratiating themselves to the public, it wont be possible to avoid a period of general discomfort


published how does systemaccounting protect an economy? in FAQ 2021-05-18 08:40:33 -0700

how does systemaccounting protect an economy?

A:

you build something

but then someone takes it without paying you

you understand the need for systemaccounting when you recognize there is no difference between a person saying "its mine because i say so" and a republic saying "its mine because we say so"

self entitlement doesnt become sustainable through a democratic mandate

nor are credit markets sustained by words followed by a constitution

enforcing a conservation law protects individuals from a republic entitling itself to their earnings

you keep what you earn in systemaccounting, where the opinions of three hundred million people who decided "x" are not equal in value to the work contributed by the person who built "x"


published how is legislation affected by systemaccounting? in FAQ 2021-04-03 12:13:29 -0700

how is legislation affected by systemaccounting?

A:

unequal access to information indulges poor legislation

for example, a state legislator can exploit what the public doesnt know about some ill conceived legislation to secure its passing through collusion or a ballot measure

systemaccounting protects voters from an inept representative democracy by shifting all the risk of judgement to voters through physics and technology

as voters recognize 1) they have no one to blame but themselves, and 2) the time to study all state matters while tending to personal daily affairs is not practical, they will instead study those who prove capable of judging state matters on their behalf

voter dependency on an effective representative democracy is realized through their studying performance data, and not television


published how is geometric algebra related to systemaccounting? in FAQ 2021-03-29 14:26:39 -0700

how is geometric algebra related to systemaccounting?

A:

modeling transactions between debiting and crediting users across time as a binary logarithmic event creates a space of 2^n dimensions in the data model

the structure of the space seals certainty between independent events, or creates continuity in a free market


published how are firms affected by systemaccounting? in FAQ 2021-03-11 22:48:13 -0800

how are firms affected by systemaccounting?

A:

productivity numbers often suffer mitm attacks from executives concealing the negative or negligible measure of their contributions

these are executives who ambiguously cite "culture" and "fit" when disciplining laborers refusing to play along with their "teamwork"

shareholders and employees are not the only ones weakened by brand-promoting executives standing in front of others peoples numbers

consumers are also weakened

to locate those who physically complete the work, inefficient markets compromised by information friction require premiums from consumers to be paid to executive middlers

information friction and asymmetry are vulnerabilities from which systemaccounting protects an economy

as dashboards begin to replace executives who depend on socially hacking their way into manipulating empirical information traveling within and between firms, firm sizes will decrease

and those who invested in building a career dependent on exploiting the middleman economy will be displaced


published How does systemaccounting define fact? in FAQ 2020-08-23 12:15:05 -0700

how does systemaccounting define fact?

A:

a fact is any information produced from a measurement


published does systemaccounting support free speech? in FAQ 2020-08-22 22:07:19 -0700

does systemaccounting support free speech?

A:

systemaccounting protects users from a flaw in the first amendment to the united states constitution by limiting the freedom of speech from entitling anyone to supply fiction to the consumer of a fact

in short, not being lied to is a right in systemaccounting

and the convenient exploit of passing off untested information as factual is eliminated


published On Publishing the Physics of Value in Author's Blog 2015-12-01 15:27:32 -0800

On Publishing the Physics of Value

nearly a year has passed since the physics of value page was updated to feature an open-source paper (moved to a jupyter notebook in 2019)

the paper was produced in response to a december 2014 article entitled "mathematics as a common language" where the interviewee identifies economics as missing a comprehensive "toolkit"

in leading the interviewee to the affirmative, the interviewer proposes, "building a toolkit of mathematical techniques that could be pieced together like Lego...to decipher what is happening in the world"

the interviewee then justifies his own work by explaining, "Gauge Theory dares ask the question: above what level should the rise be calculated? The level, or the derivative as it were, is made endogenous to the model"

not long after the article was read, it was shared in an email with a local systemaccounting supporter who is fond of math

in the email it was declared:


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