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A Quantum Theory of Money and Value - David Orrell (2016) PDF

19 Pages·2019·English
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by ['Felipe Correa']| 2019| 19 pages| English

About A Quantum Theory of Money and Value - David Orrell (2016)

This document discusses the concept of "quantum economics" as an alternative to neoclassical economics. Some key points: - Mainstream economics has failed to properly account for the role of money and financial transactions. Quantum economics argues economics should study money transactions rather than scarcity. - Just as quantum physics emerged from studying energy exchanges at the subatomic level, quantum economics examines the complex dual properties of money objects and transactions. - Money has quantum-like properties - it can be both a real object and virtual concept, its value is uncertain, and monetary transactions can create entanglement between parties. This mirrors phenomena in quantum physics. - A quantum view of economics treats the economy as a quantum social system with

Detailed Information

Author:['Felipe Correa']
Publication Year:2019
Pages:19
Language:English
Format:PDF
Price:FREE
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