Econodynamics the Theory of Social Production Series: New Economic Windows

Total Page:16

File Type:pdf, Size:1020Kb

Econodynamics the Theory of Social Production Series: New Economic Windows springer.com Vladimir N. Pokrovskii Econodynamics The Theory of Social Production Series: New Economic Windows Revisits the theory of production of commodities from a physicist’s standpoint Presents a useful theory for analysing the technological sources of economic growth Provides a compact and consistent basis for lectures on the theory of production The text of the third edition is substantially revised, while three brand new chapters are added This book, now in its third edition, explores how human populations grow, based on their creative abilities. To reconsider the theory of economic growth from a physicist's perspective, the book analyses the concepts of value and utility and their relationship to thermodynamic concepts. This approach allows the author to include characteristics of technology in 3rd ed. 2018, XIX, 306 p. 56 illus., 1 illus. descriptions of development and to formulate a phenomenological (macroeconomic, no-price in color. fluctuations are discussed) theory of production as a set of evolutionary equations in one- sector and multi-sector approximations. The theory is proved to be useful for describing both Printed book national economies and global production in ancient times.This monograph presents the topics Hardcover in a compact and consistent manner and can be used by students with a background in 119,99 € | £109.99 | $149.99 physics and other natural sciences who wish to specialize in economics. It explains how the [1]128,39 € (D) | 131,99 € (A) | CHF growth of production is connected with advances in technology, consumption of labour and 141,50 energy and makes it possible to analyse past and present social production systems and to Softcover build scripts of future progress. The book is of interest to energy specialists engaged in planning and analyzing the production and consumption of energy carriers, and to economists 84,99 € | £74.99 | $109.99 [1]90,94 € (D) | 93,49 € (A) | CHF wanting to know how energy and technology affect economic growth. This third edition has 100,50 been substantially revised and three brand new chapters have been added. Chapter 8 illustrates the robustness of the theory with the aid of statistical historical data from the eBook Russian economy, while Chapter 12 is devoted to a reconstruction of the global production 71,68 € | £59.99 | $84.99 activity in ancient times. Chapter 13 discusses the principles of the organization of social [2] 71,68 € (D) | 71,68 € (A) | CHF production. 80,00 Available from your library or springer.com/shop MyCopy [3] Printed eBook for just € | $ 24.99 springer.com/mycopy Order online at springer.com / or for the Americas call (toll free) 1-800-SPRINGER / or email us at: [email protected]. / For outside the Americas call +49 (0) 6221-345-4301 / or email us at: [email protected]. The first € price and the £ and $ price are net prices, subject to local VAT. Prices indicated with [1] include VAT for books; the €(D) includes 7% for Germany, the €(A) includes 10% for Austria. Prices indicated with [2] include VAT for electronic products; 19% for Germany, 20% for Austria. All prices exclusive of carriage charges. Prices and other details are subject to change without notice. All errors and omissions excepted. [3] No discount for MyCopy. Part of .
Recommended publications
  • Download PDF Full-Text
    Journal of Human Thermodynamics 2013, 9: 43-54 Open Access Journal of Human Thermodynamics ISSN 1559-386X HumanThermodynamics.com/Journal.html Article Natural Law Social Science: A Method of Socioeconomics as an Exact Science Author Stephen Ternyik; Independent researcher, Munich, Germany; Email: [email protected] Received: 31 Jan 2012; Reviewed: 3 Mar-29 May 2013; Published: 31 Dec 2013 Abstract A presentation of a synopsis of socioeconomics as a potential-to-become exact science based on units of time, money, and energy is given. Introduction The social science of natural law, founded on the methodical principles of abstract theoretical reasoning and concrete rational inquiry, is practically a lost science; the basic postulate of natural law science is the one idea that natural law is valid at any cosmic time, i.e. every naturally occurring event is bound to temporality and all social systemic processes are natural events. In this context, a salient attribute is the condition that total entropy change increases for every naturally occurring event, human societal events included, social entropy always increases and there is no economic reversal to original conditions. Overview Instead of a sociology as physical sociology, as French thinker Auguste Comte envisioned in 1838, we have sociological research literature and advanced statistical essays, i.e. social science moved from the dynamic concept of natural law to static methods of perception, observation, and measurement of social events; a classical mathematization and modern computerization of the static method did also not better the research methodology, because ‘as far as the laws of mathematics refer to reality’, as German physicist Albert Einstein pointed out, ‘they are not certain, and as so far they are certain, they do not refer to reality.’ The real advantage of the mathematical method over human language is the qualitative reduction of quantitative knowledge bodies into abstract symbols: formulae, equations, and calculations; Journal of Human Thermodynamics, 2013, Vol.
    [Show full text]
  • Self-Interest in Six Dimensions
    Journal of Markets & Morality Volume 23, Number 1 (2020): 173–189 Copyright © 2020 Dylan Pahman Self-Interest Managing Editor, Journal of Markets & Morality in Six Dimensions Research Fellow, Acton Institute Introduction It is a first principle for modern economics that people tend to make decisions based upon calculations of their self-interest. Thus, some critics believe they can topple the whole edifice of modern economics if this presumption is shown to be unsound.1 Other critics more friendly to the discipline have seen challenging self-interest as a revolutionary breakthrough.2 Indeed, Nobel laureates Amartya Sen, Richard Thaler, Daniel Kahneman and Amos Tversky, and Vernon Smith have all critiqued the presumption of self-interest in their work. This essay seeks to contribute to the philosophy of economics by both complicating and clarify- ing the topic. First, I contend that there is not now, nor has there ever been, one single defi- nition of self-interest in modern economics. Some definitions may overlap, but often writers simply assume that their definition is the same as everyone else’s, when a modest sampling of various authors reveals that this is demonstrably false. If there is no consistent definition of self-interest in economics, then critiques of one particular definition do not succeed in indicting the whole discipline.3 Lest economists breathe a sigh of relief, however, I contend that this is a much bigger problem: If researchers do not all hold the same basic definition, how are they able to contribute to the same body of scholarship? Any two studies of self- interest in the social sciences may take fundamentally incompatible definitions as given, meaning that their findings, though they may be insightful on their own, 173 Dylan Pahman are incomparable with each other—they do not advance our knowledge of the same phenomenon, despite using the same term.
    [Show full text]
  • THÔNG BÁO ĐỊA CHỈ TRUY CẬP SÁCH ĐIỆN TỬ 1. Sách Điện Tử
    THÔNG BÁO ĐỊA CHỈ TRUY CẬP SÁCH ĐIỆN TỬ 1. Sách điện tử Anmol Publications Địa chỉ: http://www.igpublish.com/anmol-ebooks Lưu ý: chỉ truy cập được từ các máy tính nối mạng tại NEU trong các dải IP sau: 117.6.72.23 - 117.6.72.24 - 118.70.131.111 - 118.70.131.113 - 203.162.174.176/28 - 123.30.16.80/28 Năm STT Tên sách Tác giả ISBN13 xuất bản 1 Managing hospitality operations Mohinder Chand 9788126137473 2009 2 Regional economics & regional planning O.S. Shrivastava 9788126140459 2009 3 Theory and practices of professional housekeeping Sunita Srinivasan 9788126139262 2009 4 Advertising and hotel management M.C. Metti 9788126132515 2008 5 Catering: Housekeeping and hotel management M.C. Metti 9788126132492 2008 6 Customer service and hotel management M.C. Metti 9788126132485 2008 7 Environmental management in hospitality M.C. Metti 9788126132454 2008 8 Hospitality and facilities in hotel management M.C. Metti 9788126132478 2008 9 Hospitality and food management M.C. Metti 9788126132430 2008 10 Hospitality and tourism management systems M.C. Metti 9788126132423 2008 11 Hospitality financial management M.C. Metti 9788126132416 2008 12 Hotel accounting M.C. Metti 9788126132324 2008 13 Hotel and motel professional management M.C. Metti 9788126132959 2008 14 Hotel and public relations M.C. Metti 9788126132393 2008 15 Hotel front office management M.C. Metti 9788126132386 2008 16 Hotel management and administration M.C. Metti 9788126132508 2008 17 Hotel management and catering M.C. Metti 9788126132379 2008 18 Hotel management: Principles and guidelines M.C. Metti 9788126132300 2008 19 Hotel management sales and marketing service M.C.
    [Show full text]
  • Why Money Trickles up – Wealth & Income Distributions
    Why Money Trickles Up – Wealth & Income Distributions Geoff Willis The right of Geoffrey Michael Willis to be identified as the author of this work has been asserted by him in accordance with the Copyright, Designs and Patents Act 1988. 0.0 Abstract This paper combines ideas from classical economics and modern finance with the general Lotka-Volterra models of Levy & Solomon to provide straightforward explanations of wealth and income distributions. Using a simple and realistic economic formulation, the distributions of both wealth and income are fully explained. Both the power tail and the log-normal like body are fully captured. It is of note that the full distribution, including the power law tail, is created via the use of absolutely identical agents. It is further demonstrated that a simple scheme of compulsory saving could eliminate poverty at little cost to the taxpayer. 0.1 Contents 0.0 Abstract 0.1 Contents 0.2 Introduction 0.3 Structure of Paper 1.1 Wealth & Income Data – Empirical Information 1.2 Lotka-Volterra and General Lotka-Volterra Systems 1.3 Wealth & Income Models - Modelling 1.4 Wealth & Income Models - Results 1.5 Wealth & Income Models - Discussion 1.6 Enter Sir Bowley - Labour and Capital 1.7 Modifying Wealth and Income Distributions 11. The Logic of Science 12. History and Acknowledgements 15. References 16. Figures 2 0.2 Introduction This paper is a condensed extract from the full paper 'Why Money Trickles Up' which is available at econodynamics.org. This paper is formed from the first section of the full paper, but has been edited down significantly.
    [Show full text]
  • Wealth, Income, Earnings and the Statistical Mechanics of Flow Systems
    View metadata, citation and similar papers at core.ac.uk brought to you by CORE provided by Munich RePEc Personal Archive MPRA Munich Personal RePEc Archive Wealth, income, earnings and the statistical mechanics of flow systems Geoff Willis 26. May 2011 Online at https://mpra.ub.uni-muenchen.de/31139/ MPRA Paper No. 31139, posted 26. May 2011 19:00 UTC Wealth, Income, Earnings and the Statistical Mechanics of Flow Systems Geoff Willis The right of Geoffrey Michael Willis to be identified as the author of this work has been asserted by him in accordance with the Copyright, Designs and Patents Act 1988. 0.0 Abstract This paper looks at empirical data from economics regarding wealth, earnings and income, alongside a flow model for an economy based on the general Lotka-Volterra models of Levy & Solomon. The data and modelling suggest that a simple economic system might provide a tractable model for giving an exact statistical mechanical solution for an 'out of equilibrium' flow model. This might also include an exact mathematical definition of a 'dissipative structure' derived from maximum entropy considerations. This paper is primarily a qualitative discussion of how such a mathematical proof might be achieved. Contents 0.2 Introduction 1.1 Wealth & Income Data – Empirical Information 1.2 Lotka-Volterra and General Lotka-Volterra Systems 1.3 Wealth & Income Modelling 7.3 Maximum Entropy Production 7.4 The Statistical Mechanics of Flow Systems 11. Conclusion 15. References 16. Figures 2 0.2 Introduction This paper is a condensed extract from the full paper 'Why Money Trickles Up' which is available at econodynamics.org.
    [Show full text]
  • Mathematical Economics • Vasily E
    Mathematical Economics • Vasily E. • Vasily Tarasov Mathematical Economics Application of Fractional Calculus Edited by Vasily E. Tarasov Printed Edition of the Special Issue Published in Mathematics www.mdpi.com/journal/mathematics Mathematical Economics Mathematical Economics Application of Fractional Calculus Special Issue Editor Vasily E. Tarasov MDPI • Basel • Beijing • Wuhan • Barcelona • Belgrade • Manchester • Tokyo • Cluj • Tianjin Special Issue Editor Vasily E. Tarasov Skobeltsyn Institute of Nuclear Physics, Lomonosov Moscow State University Information Technologies and Applied Mathematics Faculty, Moscow Aviation Institute (National Research University) Russia Editorial Office MDPI St. Alban-Anlage 66 4052 Basel, Switzerland This is a reprint of articles from the Special Issue published online in the open access journal Mathematics (ISSN 2227-7390) (available at: https://www.mdpi.com/journal/mathematics/special issues/Mathematical Economics). For citation purposes, cite each article independently as indicated on the article page online and as indicated below: LastName, A.A.; LastName, B.B.; LastName, C.C. Article Title. Journal Name Year, Article Number, Page Range. ISBN 978-3-03936-118-2 (Pbk) ISBN 978-3-03936-119-9 (PDF) c 2020 by the authors. Articles in this book are Open Access and distributed under the Creative Commons Attribution (CC BY) license, which allows users to download, copy and build upon published articles, as long as the author and publisher are properly credited, which ensures maximum dissemination and a wider impact of our publications. The book as a whole is distributed by MDPI under the terms and conditions of the Creative Commons license CC BY-NC-ND. Contents About the Special Issue Editor ...................................... vii Vasily E.
    [Show full text]
  • Statistical Mechanics of Money, Wealth, and Income
    REVIEWS OF MODERN PHYSICS, VOLUME 81, OCTOBER–DECEMBER 2009 Colloquium: Statistical mechanics of money, wealth, and income Victor M. Yakovenko Department of Physics, University of Maryland, College Park, Maryland 20742-4111, USA J. Barkley Rosser, Jr. Department of Economics, James Madison University, Harrisonburg, Virginia 22807, USA ͑Published 2 December 2009͒ This Colloquium reviews statistical models for money, wealth, and income distributions developed in the econophysics literature since the late 1990s. By analogy with the Boltzmann-Gibbs distribution of energy in physics, it is shown that the probability distribution of money is exponential for certain classes of models with interacting economic agents. Alternative scenarios are also reviewed. Data analysis of the empirical distributions of wealth and income reveals a two-class distribution. The majority of the population belongs to the lower class, characterized by the exponential ͑“thermal”͒ distribution, whereas a small fraction of the population in the upper class is characterized by the power-law ͑“superthermal”͒ distribution. The lower part is very stable, stationary in time, whereas the upper part is highly dynamical and out of equilibrium. DOI: 10.1103/RevModPhys.81.1703 PACS number͑s͒: 89.65.Gh, 89.75.Da, 05.20.Ϫy CONTENTS analogs of the scaling laws that have proved useful in describing systems composed of large numbers of inani- ͑ ͒ I. Historical Introduction 1703 mate objects” Stanley et al., 1996 . Soon the first econo- II. Statistical Mechanics of Money Distribution 1705 physics conferences were organized: International Work- A. The Boltzmann-Gibbs distribution of energy 1705 shop on Econophysics, Budapest, 1997 and International B.
    [Show full text]
  • Fax Cover Sheet
    Munich Personal RePEc Archive Wealth, income, earnings and the statistical mechanics of flow systems Willis, Geoff 26 May 2011 Online at https://mpra.ub.uni-muenchen.de/31139/ MPRA Paper No. 31139, posted 26 May 2011 19:00 UTC Wealth, Income, Earnings and the Statistical Mechanics of Flow Systems Geoff Willis The right of Geoffrey Michael Willis to be identified as the author of this work has been asserted by him in accordance with the Copyright, Designs and Patents Act 1988. 0.0 Abstract This paper looks at empirical data from economics regarding wealth, earnings and income, alongside a flow model for an economy based on the general Lotka-Volterra models of Levy & Solomon. The data and modelling suggest that a simple economic system might provide a tractable model for giving an exact statistical mechanical solution for an 'out of equilibrium' flow model. This might also include an exact mathematical definition of a 'dissipative structure' derived from maximum entropy considerations. This paper is primarily a qualitative discussion of how such a mathematical proof might be achieved. Contents 0.2 Introduction 1.1 Wealth & Income Data – Empirical Information 1.2 Lotka-Volterra and General Lotka-Volterra Systems 1.3 Wealth & Income Modelling 7.3 Maximum Entropy Production 7.4 The Statistical Mechanics of Flow Systems 11. Conclusion 15. References 16. Figures 2 0.2 Introduction This paper is a condensed extract from the full paper 'Why Money Trickles Up' which is available at econodynamics.org. The paper below is confined to a brief discussion of empirical data, mathematical background and modelling outputs.
    [Show full text]
  • Universidad Autónoma Metropolitana Secretaría De Unidad Coordinación De Servicios De Información Sección De Hemeroteca
    Universidad Autónoma Metropolitana Secretaría de Unidad Coordinación de Servicios de Información Sección de Hemeroteca La Sección de Hemeroteca cuenta con un acervo hemerográfico de 1,200 títulos de revistas impresas especializadas, de las cuales 321 apoyan la División de Ciencias Básicas e Ingeniería. La UAM suscribe 13,000 revistas en formato electrónico disponibles en texto completo que abarcan todas las áreas del conocimiento para apoyar los planes y programas de estudio e investigación de la Universidad, y de las cuales 8,431 apoyan a la licenciatura de Ingeniería Eléctrica. Las revistas electrónicas las puede consultar en la siguiente dirección: http://www.bidi.uam.mx/ La Comunidad Universitaria puede consultar las revistas electrónicas a través del portal de la biblioteca digital ya sea dentro de la red UAM o de forma remota con su número económico o matrícula y el NIP de servicios bibliotecarios. REVISTAS IMPRESAS 321 Títulos REVISTAS ELECTRÓNICAS 8,431 Títulos Publicaciones Periódicas Impresas “División de Ciencias Básicas e Ingeniería” TÍTULO DE LA REVISTA DIVISIÓN 1. ACM. COMPUTING SURVEYS CBI 2. ACM. SIGMOD RECORD CBI 3. ACM. TRANSACTIONS ON DATABASE SYSTEMS CBI 4. ACM. SOFTWARE ENGINEERING NOTES CBI 5. ACM. TRANSACTIONS ON PROGRAMMING LANGUAGES AND SYSTEMS CBI 6. ACTA INFORMATICA CBI 7. ACTA MECHANICA CBI 8. ACTA METALLURGICA ET MATERIALIA CBI 9. AICHE JOURNAL CBI 10. AIR AND SPACE POWER JOURNAL CBI 11. AMERICAN JOURNAL OF PHYSICS CBI 12. AMERICAN MATHEMATICAL MONTHLY CBI 13. AMERICAN STATISTICAL ASSOCIATION CBI 14. AMERICAN STATISTICIAN CBI 15. ANALYTICAL CHEMISTRY CBI 16. APPLIED NUMERICAL MATHEMATICS CBI 17. APPLIED PHYSICS EXPRESS CBI 18. APPLIED SCIENTIFIC RESEARCH CBI 19.
    [Show full text]
  • Annual Report 14-15
    N ATIONAL I NSTITUTE OF A DVANCED S NATIONAL INSTITUTE OF ADVANCED STUDIES TUDIES Bangalore, India ANNUAL REPORT 2016 – 2017 A NNUAL R EPORT 2016 - 2017 NATIONAL INSTITUTE OF ADVANCED STUDIES Indian Institute of Science Campus, Bangalore - 560 012 Tel: 080 2218 5000, Fax: 2218 5028 E-mail: [email protected] NATIONAL INSTITUTE OF ADVANCED STUDIES Bengaluru, India ANNUAL REPORT 2016 - 2017 JRD Tata Founding Chairman The Vision and Mission of NIAS To integrate the findings of scholarship in the natural and social sciences with technology and the arts through multi-disciplinary research on the complex issues that face Indian and global society. To assist in the creation of new leadership with broad horizons in all sectors of society by disseminating the conclusions of such research through appropriate publications and courses as well as dialogues with leaders and the public. TABLE OF CONTENTS From the Director 5 School of Conflict and Security Studies 10 School of Humanities 30 School of Natural Sciences and Engineering 51 School of Social Sciences 72 Invited Visiting Chair Professors 101 NIAS and Intra-Institutional National and International Collaborations 105 BRICS Conclave 107 Training Programmes 108 Doctoral Programme 114 Annual Memorial Lectures 117 Public Programmes 118 Wednesday Discussion Meetings 125 Associates’ Programme 130 Literary, Arts and Heritage Forum 131 Library 132 Publications 133 Administration 147 Financial Reports 152 NIAS Council of Management 157 NIAS Society 158 NIAS Staff 159 NIAS Adjunct Professors and Adjunct Faculty 160 CONTENTS FROM THE DIRECTOR It is with delight that I write some of the thoughts for the annual report of National Institute of Advanced Studies (NIAS), 2016-2017.
    [Show full text]
  • Econodynamics the Theory of Social Production Series: New Economic Windows
    springer.com Vladimir N. Pokrovskii Econodynamics The Theory of Social Production Series: New Economic Windows Revisits the theory of production of commodities from a physicist’s standpoint Presents a useful theory for analysing the technological sources of economic growth Provides a compact and consistent basis for lectures on the theory of production The text of the third edition is substantially revised, while three brand new chapters are added This book, now in its third edition, explores how human populations grow, based on their creative abilities. To reconsider the theory of economic growth from a physicist's perspective, the book analyses the concepts of value and utility and their relationship to thermodynamic concepts. This approach allows the author to include characteristics of technology in 3rd ed. 2018, XIX, 306 p. 56 illus., 1 illus. descriptions of development and to formulate a phenomenological (macroeconomic, no-price in color. fluctuations are discussed) theory of production as a set of evolutionary equations in one- sector and multi-sector approximations. The theory is proved to be useful for describing both Printed book national economies and global production in ancient times.This monograph presents the topics Hardcover in a compact and consistent manner and can be used by students with a background in 119,99 € | £109.99 | $149.99 physics and other natural sciences who wish to specialize in economics. It explains how the [1]128,39 € (D) | 131,99 € (A) | CHF growth of production is connected with advances in technology, consumption of labour and 141,50 energy and makes it possible to analyse past and present social production systems and to Softcover build scripts of future progress.
    [Show full text]
  • Wealth & Income Distributions Geoff Willis
    Why Money Trickles Up – Wealth & Income Distributions Geoff Willis The right of Geoffrey Michael Willis to be identified as the author of this work has been asserted by him in accordance with the Copyright, Designs and Patents Act 1988. 0.0 Abstract This paper combines ideas from classical economics and modern finance with the general Lotka-Volterra models of Levy & Solomon to provide straightforward explanations of wealth and income distributions. Using a simple and realistic economic formulation, the distributions of both wealth and income are fully explained. Both the power tail and the log-normal like body are fully captured. It is of note that the full distribution, including the power law tail, is created via the use of absolutely identical agents. It is further demonstrated that a simple scheme of compulsory saving could eliminate poverty at little cost to the taxpayer. 0.1 Contents 0.0 Abstract 0.1 Contents 0.2 Introduction 0.3 Structure of Paper 1.1 Wealth & Income Data – Empirical Information 1.2 Lotka-Volterra and General Lotka-Volterra Systems 1.3 Wealth & Income Models - Modelling 1.4 Wealth & Income Models - Results 1.5 Wealth & Income Models - Discussion 1.6 Enter Sir Bowley - Labour and Capital 1.7 Modifying Wealth and Income Distributions 11. The Logic of Science 12. History and Acknowledgements 15. References 16. Figures 2 0.2 Introduction This paper is a condensed extract from the full paper 'Why Money Trickles Up' which is available at econodynamics.org. This paper is formed from the first section of the full paper, but has been edited down significantly.
    [Show full text]