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HPsquared
on Jan 13, 2023
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Velocity defeats itself – get acceleration instead
My favourite is the "velocity of money" in macroeconomics. Shocking misuse of the word!
aqme28
on Jan 13, 2023
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That’s an entirely separate concept from dev velocity. FWIW I like the name in economics, and can’t immediately think of a much better one.
HPsquared
on Jan 13, 2023
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parent
[–]
Frequency is a better term. The dimensions are 1/Time.
aqme28
on Jan 13, 2023
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root
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parent
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If you define distance (wrt money) as the number of people it’s passed through, then it has the appropriate units.
HPsquared
on Jan 13, 2023
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root
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parent
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I prefer to think of it as the reciprocal of "residence time", that is how long the money spends at rest in a given account (on average).
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