August 11, 2009

Meta-data


Perspective is based on the vantage point that you look from. The event horizon is approaching on the current timeline; the healing feeling has taken me into a world where i feel peaceful, yet not sedate. The 'What happens if' games are about to begin and the here we are is, well, here we are. We have reached the level of distraction that only the middle of August can bring.

Nature always finds the path of least resistance in the short term and the most stable location at the final resting place. The energy may be stored in a temporary well for some period of time until the wear of time erodes the barrier to allow reaching the stable state. Population densities of molecules depend on the initial levels that were present, with factors for each mechanism that removes part of the collection through an identified reaction mechanism. We chemists separate the products, use what we need and then record the statistics and meta-data. The same reaction repeated has slightly different conditions that affect the percentage yield.

The meta-data are the specific conditions of the environment, the temperature, air pressure, humidity, scale, and other things that are factored into the equation.
Each experiment builds the model to a better refinement. At some point the operator knows the factors well enough that the system is predictable and the model validated.

Now here is the question - Are the economic models that they talk about ever validated by a comprehensive look at the data approach? What information is relevant as an indicator of conditions that allow proper feedback loops to develop to validate this economic system?


It depends on our perspective.

1 comment:

nina said...

about the only 'economist' I have any respect for is George Ure at www.urbansurvival.com