Inflation: Its Mechanics and Welfare Costs

macroeconomics, inflation

Unemployment and Output in 1974

macroeconomics, unemployment, production output, 1974

A Postmortem of the 1974 Recession

macroeconomics, 1974, recession

Is G a conversion factor or a fundamental unit?

By using fundamental units c, h, G as conversion factors one can easily transform the dimensions of all observables. In particular one can make them all ``geometrical'', or dimensionless. However this has no impact on the fact that there are three fundamental units, G being one of them. Only experiment can tell us whether G is basically fundamental.Comment: 2 page

Notes and Numbers on the Profits Squeeze

macroeconomics, profit squeeze

Do Present LEP Data Provide Evidence for Electroweak Corrections?

The Born approximation, based on $\bar\alpha \equiv\alpha (m_Z)$ instead of $\alpha$, reproduces all electroweak precision measurements within their $(1\sigma)$ accuracy. The low upper limits for the genuinely electroweak corrections constitute one of the major achievements of LEP. The astonishing smallness of these corrections results from the cancellation of a large positive contribution from the heavy top quark and large negative contributions from all other virtual particles. It is precisely the non-observation of electroweak radiative corrections that places stringent upper and lower limits on the top mass.Comment: 12 pages, preprint CERN-TH.6943/9

Critical velocities c/3c/\sqrt 3 and c/2c/\sqrt 2 in general theory of relativity

We consider a few thought experiments of radial motion of massive particles in the gravitational fields outside and inside various celestial bodies: Earth, Sun, black hole. All other interactions except gravity are disregarded. For the outside motion there exists a critical value of coordinate velocity ${\rm v}_c = c/\sqrt 3$: particles with ${\rm v} < {\rm v}_c$ are accelerated by the field, like Newtonian apples, particles with ${\rm v} > {\rm v}_c$ are decelerated like photons. Particles moving inside a body with constant density have no critical velocity; they are always accelerated. We consider also the motion of a ball inside a tower, when it is thrown from the top (bottom) of the tower and after classically bouncing at the bottom (top) comes back to the original point. The total time of flight is the same in these two cases if the initial proper velocity $v_0$ is equal to $c/\sqrt 2$.Comment: 13 page