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Conservation laws derived from systemic approach and symmetry

Author

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  • Galiya Klinkova
  • Michael Grabinski

Abstract

We prove mathematically for the first time that a conserved value must exist in economics. We derive it by using symmetry arguments in the systemic approach. Recently, it has been shown that a conserved value and its rigorous application can avoid any form of financial crises. So it is proven that a financial crisis is for sure avoidable without any other economic sacrifices.

Suggested Citation

  • Galiya Klinkova & Michael Grabinski, 2017. "Conservation laws derived from systemic approach and symmetry," International Journal of Finance, Insurance and Risk Management, International Journal of Finance, Insurance and Risk Management, vol. 7(2), pages 1307-1307.
  • Handle: RePEc:ers:ijfirm:v:7:y:2017:i:2:p:1307
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    References listed on IDEAS

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    1. Tobias Schädler & Michael Grabinski, 2015. "Income from Speculative Financial Transactions will always Lead to Macro-Economic Instability," International Journal of Finance, Insurance and Risk Management, International Journal of Finance, Insurance and Risk Management, vol. 5(3), pages 922-922.
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