The Circulation of money and basis of the mechanical model representation

The description of how this model is created may be found in SSRN 2865571 "Einstein's Criterion Applied to Logical Macroeconomics Modelling"--an 8 page working paper. By assuming that aggregate activities are present in the least number of kinds of ways that they work, and that they quantities flow between specific entities, it is possible to reach this minimum but fully complete representation of the social system of a nation.

If only our experts would try to see that this way of thinking about theoretical macroeconomics leads to an exact science, then would our governments begin to analyze it and come up with some really sensible policies (regardless of the politics involved).

Comment

You need to be a member of Global Ethics Network to add comments!

Join Global Ethics Network

Comment by David Harold Chester on November 1, 2017 at 3:25am

This model was the result of a lot of thought and analysis to determine the closest fit to this criterion. It is explained and used for analysis in my 310 page book "Consequential Macroeconomics--Rationalizing About how our Social system Works" of 2015. This work on theoretical macroeconomics has at last managed to replace the past pseudo-science of our society into a truly scientific one. Interested/concerned economists should write to me at chesterdh@hotmail.com for a free e-copy of this work.

Carnegie Council

Global Ethics Weekly: Science Fiction, Micro-democracy, & Information, with Malka Older

Malka Older has spent time as an aid worker in Darfur, Indonesia, and Japan, as was discussed in last week's podcast, but she also has another role: science fiction novelist. Her latest book, "State Tectonics," is the third in a series that explores the concepts of "micro-democracy" and a "global information management bureacracy" in the near future. How have separatists from East Timor to Catalonia influenced Older's novels?

Unlocking the Potential of Young Working Women in the Middle East and North Africa

Through the story of Fatima AlRiami, a doctor in Yemen, Mariel Davis of Education for Employment not only illustrates some of the challenges that young women face in entering the workforce in the Middle East and North Africa (MENA), but also highlights the potential of those who do make it into the labor market.

The Nationalist Revival: Trade, Immigration, and the Revolt Against Globalization, with John B. Judis

Why has nationalism suddenly returned with a vengeance around the world? Why are nationalists so angry about free trade and immigration? Why has globalization become a dirty word? In this insightful talk, John B. Judis has some answers to these questions--and prescriptions for the United States.

SUBSCRIBE TODAY

E&IA Journal

GEO-GOVERNANCE MATTERS

© 2018   Created by Carnegie Council.   Powered by

Badges  |  Report an Issue  |  Terms of Service