Regensburg 2004 – wissenschaftliches Programm

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AKSOE: Physik sozio-ökonomischer Systeme

AKSOE 8: Makro-ökonomische Modelle und Wirtschaftswachtum II

AKSOE 8.2: Vortrag

Mittwoch, 10. März 2004, 16:30–17:00, H8

An Inquiry into the Nature of the Economy — •Hans G. Danielmeyer — Mozartstr. 69, 85521 Ottobrunn

After a brief review of macroeconomic theory a new, closed theory is presented that includes social order as input besides human ability and physical capital. As the lifetimes of the inputs are natural constants of the human species, they lend the economy an intrinsic dynamical behavior beyond economic control. Strong growth periods cause inevitably long range economic problems. The classical advice to invest physical capital is counterproductive. The correct production function is discovered. Former functions can be obtained as mathematical approximations for perfect social order. The development of the industrial society in general is as slow as it is because it requires the interactive removal of barriers to technical, educational, and social advances. Below that benchmark level, the development of a real nation can be dramatic, depending on the level of destruction afflicted to physical and social capital per capita. The latter has an inherited component and a direction. For the first time the global mixed social order economy is tractable. The quantitative agreement between the real long-term input and output trajectories for Germany, Japan and the USA is excellent although their input dynamics differ considerably.