Signal & noise from the poll theatre and the economy
6 months, 4 weeks ago

Signal & noise from the poll theatre and the economy

New Indian Express  

In 1948, Claude Shannon, the father of information theory, built upon the work of Ralph Hartley and presented to the world the Shannon-Hartley theorem. The theorem illuminated the signal-to-noise ratio—the power of the desired signal and the level of undesired background noise. There is, as yet, no formula to sift and decode signal from noise in the political economy. Public discourse—on politics and the state of the economy—is haunted by contextual interpretations of signal and noise.

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