Physics of Monetary Systems/Monetophysics

4 Pages Posted: 25 Apr 2012 Last revised: 20 Jun 2013

Date Written: April 23, 2012

Abstract

The physical laws of monetary behavior in economic systems need exact examination; this is the method to develop monetary economics from a profession to a science. Money and banking are physical activities in the working body economic and are governed by the physical/natural laws of cause and effect. This experimental approach will undo the dominating financial religion of monetary alchemy, and elaborate a natural-law monetary science.

Keywords: physics, natural law, monetary science, production function, experimental simulation

JEL Classification: B41

Suggested Citation

Ternyik, Stephen I., Physics of Monetary Systems/Monetophysics (April 23, 2012). Available at SSRN: https://ssrn.com/abstract=2044577 or http://dx.doi.org/10.2139/ssrn.2044577

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