(OPE-L seminar) Paul Cockshott's "Hilbert Space Models Commodity Exchanges"

From: Gerald A. Levy (Gerald_A_Levy@MSN.COM)
Date: Tue Sep 21 2004 - 09:07:07 EDT

Hi Paul C.   Thanks for the clarifications.

One observes phenomena that can not be accounted for 
classically (Bells Inequality)  but which can be accounted for by 
positing an underlying linear space. There is obviously a lively
debate about the ontological status of this linear space,
but what I was consciously doing was using this model
applied to commodity exchange.


Doesn't the ontological status issue have to be addressed,
though?   E.g. the 'conservation law' is not  only an assumption  
-- which is crucial for your paper -- but it is also a claim about 
the character and existence of value.

I am interested in the possibility of analysing the 
creation of money in terms of creation and annihilation operators
so that the analysis extends to monetary circulation.
I think one may be able to make analogies between
such operators and the cancellation of debts in 
a system of credit money. 


OK, you have aroused my curiosity.  How would
you go about extending your research to consider the
above situation?  What exactly would you be attempting to

In solidarity, Jerry

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