Regensburg 2013 – wissenschaftliches Programm

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SOE: Fachverband Physik sozio-ökonomischer Systeme

SOE 4: Economic Growth and Longevity I

SOE 4.6: Vortrag

Montag, 11. März 2013, 12:45–13:00, H37

Can economics succeed with an inflationary scale (money) for predicting real progress in human life? — •Hans Danielmeyer and Thomas Martinetz — Institut für Neuro- und Bioinformatik, Uni Lübeck

During the last 12 years we developed two independent sets of analytically closed solutions: One predicts real medium and long-term economic growth per capita with six relevant variables calibrated with biologically stabilized constants of the human species; the other quantifies short-term business cycles with six different variables calibrated within the inflationary monetary system.

Both sets are used here for separating the investment required for real structural growth from the zero sum game of speculative investment. This is impossible with the mathematical approximations of economic theory, but relatively easy with analytically closed solutions whose time derivatives and some integrals maintain constant parameters. We suggest an alternative to ever increasing but ineffective political controls of the global financial system. It compares the G7 life style with the natural order: the inherited human genome carries gigabytes of information, the destructible technical infrastructure carries kilobytes, money carries nothing.