THE QUANTUM THEORY OF ECONODYNAMICS

and other theoretical musings

by

Selra H.C. Newrad

Last updated on December 13, 1996

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BEAN COUNTER: You are bean #

THEOREM OF THE EXPANDING DEFICIT

When the income elasticity of demand exceeds the random influences of
the cost-push elements of the economy, the deficit, in an apparent violation of
the Principle of Econodynamic Equilibrium, expands indefinitely into economic
hyperspace.

THEOREM OF BLACK HOLES IN ECONOMIC HYPERSPACE

When the aggregate economic deficit exceeds Avogadro's number, 6.02x10²³,
the intense gravity of the situation spontaneously results in a black hole in
economic hyperspace. At this time, what is called "an economic singularity"
will be experienced.

THEOREM OF ECONODYNAMIC ENTROPY

In recent investigations of declining rates of surplus value in marginally
productive economies experiencing short-run disequilibrium phenomena, it has
been discovered by the author that Einstein's famous equation, E = mc², applies
to economics, where E represents the amount of econodynamic energy [One dollar
circulating throught the economy in one year generates one keyne of econodynamic
energy; a megakeyne equals one newrad of econodynamic energy.], m represents
the money supply, and c the rate of circulation of this money in the economy.

It follows immediately from this, the Second Law of Econodynamics, and
Rational Expectations Theory that if the economic system encompasses a finite
amount of order and is changing irreversibly toward disorder (ultimately to
econodynamic equilibrium), the system will eventually implode, consumed in its
own entropy.

This result, the antithesis of dialectical materialism, demonstrates
mathematically through the Felicific Calculus the mastery of mind over matter
and has has important implications with respect to U.S. foreign trade policies.

Proofs and consequences of the foregoing theorems depend upon the Second
Law of Econodynamics and upon the Uncertainty Principle as applied to economic
phenomena. For details please refer to THE COMPLETE QUANTUM THEORY OF
ECONODYNAMICS, (currently not available by subscription or otherwise).

More of The Quantum Theory...

Quantum Econodynamic Tunneling [article]

Whatever Happened To Schrodinger's Portfolio? [article]

Gravity, Economic Deficits, and the Trade Imbalance [article]

Quantum Econodynamics and Irrational Expectations [article]

A Solution to the Trade Deficit Problem: Econodynamic Fusion [article]

other musings...

A Tale of Cornucopia [story]

The Walrasian and the Carpenter [poem]

Ten Commandments for Economics Students [advice]

Economists Resources on the Internet For the serious economist.

The Particle Adventure For the serious physicist.

HotAIR For those who like "scientific" humor.

One of My Favorite Places [map]

Widow's Web [artist neighbor's page]

Starting Point Search engine.

Jokes about Economics or EconomistsEconomics humor you don't need a PhD to understand.

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Comments, reviews, suggestions welcome.

Selra H. C. Newrad

selrahcnewrad@mail.geocities.com

I try to answer all mail promptly. If you don't hear from me,
it probably means that Geocities Mail is not working properly.
The mail has been working much better lately!

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