An information processing constraints approach to the conjunction of macroeconomic and macropolitical theory

Abstract

Human information processing is a fundamental and critically important resource for political life. It is moreover a constrained resource. Using this fact connections can be established between ideas employed in political science and concepts in macroeconomic theory. A concept of “interest rates” can be derived from information processing constraints. These “interest rates” are analogous to the “arousal level” construct of motivational psychology, suggesting avenues for social research. A generalized Kynesian “general equilibrium” model, derived largely from macropolitical considerations, is presented.