Quantum Macroeconomics - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Quantum Macroeconomics write by Jean-Luc Bailly. This book was released on 2016-10-04. Quantum Macroeconomics available in PDF, EPUB and Kindle. Quantum Macroeconomics presents a new paradigm in macroeconomic analysis initiated by Bernard Schmitt. It explains the historical origin, the analytical contents, and the actual relevance of this new paradigm, with respect to current major economic issues at national and international level. These issues concern both advanced and emerging market economies, referring to inflation, unemployment, financial instability, and economic crises. In the first part of this volume, leading scholars explain the historical origin and analytical content of quantum macroeconomics. The second part explores its relevance with respect to the current major economic issues such as the sovereign debt crisis and European monetary union. The volume also features two previously unpublished papers by Bernard Schmitt. The main findings of this book concern the need to go beyond agents’ behaviour to understand the structural origin of a variety of macroeconomic problems, notably, inflation, unemployment, financial instability, and economic crises. The originality that pervades all contributions is plain, when one considers the lack of any structural explanation of national and international economic disorders in the literature within the mainstream approach to economics. This edited volume is of great interest to those who study macroeconomics, monetary economics and money and banking.
Bernard Schmitt’s Quantum Macroeconomic Analysis
Bernard Schmitt’s Quantum Macroeconomic Analysis - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Bernard Schmitt’s Quantum Macroeconomic Analysis write by Alvaro Cencini. This book was released on 2022-11-25. Bernard Schmitt’s Quantum Macroeconomic Analysis available in PDF, EPUB and Kindle. The aim of Bernard Schmitt’s analysis of the monetary economy of production was twofold: to introduce and to explain the logical character of the macroeconomic laws governing our economies and to explain the origin of the pathologies that follow if these laws are not complied with. Schmitt’s main original contributions concern the theories of value, profit, and capital, as well as his explanation of inflation, unemployment and international payments, unified as quantum macroeconomic analysis. This book expounds on the key principles of quantum macroeconomic analysis as he conceived and developed them. Schmitt’s starting point was the analysis of bank money and the way it is associated with produced output. His macroeconomics was not founded on microeconomics nor derived from the aggregation of microeconomic variables. Schmitt’s theory does not rely on mathematics and modelling either; instead, it is based on logical laws derived from the nature of money and monetary payments. Part I of this book deals with the quantum macroeconomic analysis of capitalism and its pathologies developed by Schmitt and provides the elements necessary to understand its ‘structural’ mechanism. Parts II and III deal with the principles of two reforms that enable the passage from capitalism to post-capitalism and from the present non-system of international payments to an orderly system. This book provides essential reading for all those interested in heterodox approaches to macroeconomics, monetary economics, banking, international economics, and the history of economic thought.
Quantum Field Theory for Economics and Finance
Quantum Field Theory for Economics and Finance - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Quantum Field Theory for Economics and Finance write by B. E. Baaquie. This book was released on 2018-08-23. Quantum Field Theory for Economics and Finance available in PDF, EPUB and Kindle. This book provides an introduction to how the mathematical tools from quantum field theory can be applied to economics and finance. Providing a range of quantum mathematical techniques for designing financial instruments, it demonstrates how a range of topics have quantum mechanical formulations, from asset pricing to interest rates.
Quantum Economics and Finance
Quantum Economics and Finance - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Quantum Economics and Finance write by David Orrell. This book was released on 2021-05-16. Quantum Economics and Finance available in PDF, EPUB and Kindle. The word "quantum" is from the Latin for "how much" and in this book mathematician David Orrell shows how it applies to the world of economic transactions. Written in clear and accessible language, the book covers the essential mathematics behind topics such as quantum cognition, option pricing, and quantum game theory, and delves into the nuts and bolts of quantum mechanics, the principles of quantum economic modelling, and the basics of quantum computation. On the way the reader will learn how quantum interference can be used to model cognitive dissonance, how a quantum walk goes further than a random walk, and how financial entanglement explains the rate of mortgage default. It is aimed at anyone who wants to understand the quantum ideas working their way into economics and finance, without getting drowned in wave equations. As interest in quantum computing grows, many companies from established banks to startups are looking at ways to perform financial simulations using quantum algorithms. But what if we should be using quantum models anyway - because the monetary system has quantum properties of its own, and because they work? The field is developing rapidly, and this second edition contains many updates including new material on quantum logic and quantum agent-based models, and a guest chapter from Ramy Aboushelbaya and Marko Mayr of Quantum Dice on quantum hardware. David Orrell is an applied mathematician with extensive experience in mathematical modelling, and the author of a dozen books on science and economics.
Quantum Economics
Quantum Economics - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Quantum Economics write by David Orrell. This book was released on 2018-07-05. Quantum Economics available in PDF, EPUB and Kindle. A decade after the financial crisis, there is a growing consensus that economics has failed and needs to go back to the drawing board. David Orrell argues that it has been trying to solve the wrong problem all along. Economics sees itself as the science of scarcity. Instead, it should be the science of money (which plays a surprisingly small role in mainstream theory). And money is a substance that turns out to have a quantum nature of its own. Just as physicists learn about matter by studying the exchange of particles at the subatomic level, so economics should begin by analysing the nature of money-based transactions. Quantum Economics therefore starts with the meaning of the phrase 'how much' – or, to use the Latin word, quantum. From quantum physics to the dualistic properties of money, via the emerging areas of quantum finance and quantum cognition, this profoundly important book reveals that quantum economics is to neoclassical economics what quantum physics is to classical physics – a genuine turning point in our understanding.
