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Answer to question what is money: gauge freedom. Physicist’s approach to tendencies in world’s economy

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  • Zeps, Dainis

Abstract

We suggest new approach to what should be considered money. We argue that not money itself should be measurable quantity but change of it, thus, entering gauge freedom action in economics in analogy with what we perceive in nature how it is described by theoretical physics.

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File URL: http://mpra.ub.uni-muenchen.de/14453/
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File URL: http://mpra.ub.uni-muenchen.de/20292/
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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 14453.

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Date of creation: 03 Apr 2009
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Handle: RePEc:pra:mprapa:14453

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Keywords: world’s economy; money; gauge freedom; physics; commonwealth;

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  1. Zeps, Dainis, 2009. "World’s Economy: what is money? Physicist’s approach to tendencies in world’s economy," MPRA Paper 14416, University Library of Munich, Germany.
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