KE of photo-electron and nominal interest rate

Click For Summary
Einstein's formula for the kinetic energy of a photoelectron, expressed as KE = hν - φ, illustrates that energy from radiation is partially used to overcome the work function (φ) required to release an electron, with the remaining energy contributing to its kinetic energy (KE). Similarly, the formula for nominal interest rate, i = r + L, indicates that the interest earned is diminished by inflation (L), with only the real increase in purchasing power (r) benefiting the individual. The discussion highlights a conceptual mapping between these equations from physics and economics, emphasizing how both illustrate the idea that a portion of energy or value is "wasted" in overcoming barriers, leaving only a remainder that contributes to effective energy or purchasing power. This analogy underscores the interconnectedness of different scientific principles.
Hall
Messages
351
Reaction score
87
Einstein's formula for kinetic energy of a photo electron is
$$ KE = h\nu - \phi$$
$$ h\nu = KE + \phi$$
Which basically says whatever energy you provide through radiation, a part of it will be used (but I would like to say 'wasted') in overcoming the work-function (that is in cajoling that electron to leave the bereavement and come out) and then the energy left will give it some speed.

The formula for nominal interest rate ##i## is
$$
i= r + L$$
##r## is the real increase in purchasing power (in %) and L is the inflation rate. So, whatever extra money the bank or government gives you as interest, a part of it will be wasted in coping up with the inflation and only remaining part will influence your purchasing power.

The mapping, that I have established above between two different equations of two very different sciences, is not any ground-breaking or even a knit-pick but just see how beautifully do they map, they almost get completely superimposed.
 
Physics news on Phys.org
Hall said:
The mapping, that I have established
Or, more generally:
Dullard said:
(Some of it) + (The rest of it) = (All of it)
 
I just saw that physicist Kenneth Nordtvedt died on October 9th, according to his Wikipedia entry: https://en.wikipedia.org/wiki/Kenneth_Nordtvedt He had a fluent grasp of relativistic gravity theories, and is particularly known for using the Lunar Laser Ranging to check the equivalence principle in a way which is now known as the Nordtvedt effect, eliminating some alternative theories to General Relativity. I also appreciated his paper on varieties of frame-dragging, both rotational and...

Similar threads

  • · Replies 1 ·
Replies
1
Views
2K
  • · Replies 50 ·
2
Replies
50
Views
10K
  • · Replies 1 ·
Replies
1
Views
3K
  • · Replies 4 ·
Replies
4
Views
31K
  • · Replies 1 ·
Replies
1
Views
3K
  • · Replies 35 ·
2
Replies
35
Views
28K
Replies
1
Views
4K
  • · Replies 2 ·
Replies
2
Views
3K
  • · Replies 6 ·
Replies
6
Views
5K
  • · Replies 20 ·
Replies
20
Views
5K