Showing 1 - 10 of 81,744
Are financial markets predictable? How to predict the financial markets? These important questions are not answerable in the existing framework of either finance or economics. This paper shows in details that these questions are also not answerable in the existing framework of modern physics. In...
Persistent link: https://www.econbiz.de/10011113488
Why would social science need the help from quantum mechanics? First, there are many unanswerable questions in social science. Are financial markets predictable? How to predict the financial markets? These important questions are not answerable in the existing framework of finance or economics....
Persistent link: https://www.econbiz.de/10013044264
. Choice is a central concept in economics and other fields of social science, yet there is no corresponding concept of choice … in modern physics. This article suggests that by introducing the concept of choice to the existing framework of physics …
Persistent link: https://www.econbiz.de/10011109601
concept of relative entropy or Kullback-Leibler divergence from the information theory. Law of equilibrium is one of five … away from thermodynamic equilibrium, which is a physics terminology means that the concept of entropy cannot be precisely … concept of equilibrium is one of the most important concepts in economics, the concept of equilibrium in economics and physics …
Persistent link: https://www.econbiz.de/10011110385
experimental condensed matter physics. We show that the humanity governing problem is equivalent to find an equilibrium political … traditional political philosophy with quantum physics as the solid foundation of political science, and analyzes the equilibrium …, peaceful, and prosperous human societies. We prove that there is certainly no better alternative than the equilibrium political …
Persistent link: https://www.econbiz.de/10011112542
-price auctions. Robustness also sheds light on the value of private information and the prevalence of full or virtual surplus …
Persistent link: https://www.econbiz.de/10013241735
I argue that a form of consciousness may be found in American economic history, one which is both mathematically demonstrable and important. In this book I present a model of economic and political growth based upon systematic addition. We begin with a philosophic model of trade (pp. 34-46);...
Persistent link: https://www.econbiz.de/10011259667
In Albers & Albers (Spring, 2013) we demonstrated that the historic development of U.S. real GNP, 1869-present, may be structured in recurring 14-year periods. A steady-state rate of growth of 3.4969% is thereby calculated, generating an increase in real GNP proportional to the famous “Golden...
Persistent link: https://www.econbiz.de/10011260122
equilibrium political structure characterized by a set of 16 democratic principles. The natural following up research is to … compare the US constitution with the theoretical equilibrium political structure. The results of the comparison are very … constitution is very close to the equilibrium political structure, and all equilibrium structures in physics, chemistry, and …
Persistent link: https://www.econbiz.de/10011112150
framework to solve budget deficit problems, and let alone settle these debates. This paper provides a permanent and equilibrium … political equilibrium structure has the time translational symmetry in treating different generations equally. One result of … responsible of the current government budget deficits or surplus. The permanent equilibrium solution of government budget deficits …
Persistent link: https://www.econbiz.de/10011112817