{"id":2377,"date":"2008-03-15T12:21:43","date_gmt":"2008-03-15T12:21:43","guid":{"rendered":"http:\/\/scienceblogs.com\/principles\/2008\/03\/15\/interstellar-economics\/"},"modified":"2008-03-15T12:21:43","modified_gmt":"2008-03-15T12:21:43","slug":"interstellar-economics","status":"publish","type":"post","link":"http:\/\/chadorzel.com\/principles\/2008\/03\/15\/interstellar-economics\/","title":{"rendered":"Interstellar Economics"},"content":{"rendered":"

Paul Krugman is now a famour economist, but many years ago, he was “an oppressed assistant professor, caught up in the academic rat race.” So, he did what any good academic would do in that situation: he wrote a silly paper to cheer himself up<\/a>. In this case, a paper discussing the issues that arise in interstellar trade because of realtivistic effects.<\/p>\n

It’s a brilliant bit of silliness. It’s hard to pick a favorite bit, but this is pretty good:<\/p>\n

\n

To conclude this section, we should say something about the assumption that the trading planets lie in the same inertial frame. This will turn out to be a useful simplification, permitting us to limit ourselves to consideration of special relativity. It is also a reasonable approximation for those planets with which we are likely to trade. Readers may, however, wish to use general relativity to extend the analysis to trade between planets with large relative motion. This extension is left as an exercise for interested readers because the author does not understand the theory of general relativity, and therefore cannot do it himself.<\/p>\n<\/blockquote>\n

The whole thing is worth a read.<\/p>\n","protected":false},"excerpt":{"rendered":"

Paul Krugman is now a famour economist, but many years ago, he was “an oppressed assistant professor, caught up in the academic rat race.” So, he did what any good academic would do in that situation: he wrote a silly paper to cheer himself up. In this case, a paper discussing the issues that arise… Continue reading Interstellar Economics<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"1","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8,10,5,7,11,24],"tags":[],"class_list":["post-2377","post","type-post","status-publish","format-standard","hentry","category-academia","category-astronomy","category-blogs","category-physics","category-science","category-silliness","entry"],"_links":{"self":[{"href":"http:\/\/chadorzel.com\/principles\/wp-json\/wp\/v2\/posts\/2377","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/chadorzel.com\/principles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/chadorzel.com\/principles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/chadorzel.com\/principles\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/chadorzel.com\/principles\/wp-json\/wp\/v2\/comments?post=2377"}],"version-history":[{"count":0,"href":"http:\/\/chadorzel.com\/principles\/wp-json\/wp\/v2\/posts\/2377\/revisions"}],"wp:attachment":[{"href":"http:\/\/chadorzel.com\/principles\/wp-json\/wp\/v2\/media?parent=2377"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/chadorzel.com\/principles\/wp-json\/wp\/v2\/categories?post=2377"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/chadorzel.com\/principles\/wp-json\/wp\/v2\/tags?post=2377"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}