Earth magnetism and the economic behavior
AbstractThis paper provides an analysis of how the current economic crisis and the changes in the earth magnetism can be an opportunity to develop an economic system based on more balanced economic relationships. Consciousness is fundamental to achieve this. A practical example, examined in the article, to understand how consciousness and the belief systems affect the observed reality, is associated with the effect that the credibility of economic authorities and individuals’ expectations have on the behavior of different economic variables. The paper examines how other fields of science such as physics and psychology offer us several elements to understand current economic relationships. Nature provides us elements that could help with the creation of a new economy reality. In particular, the paper analyzes how the fall in the intensity of the earth’s magnetic field could facilitate this process.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 21656.
Date of creation: 25 Mar 2010
Date of revision:
Economic crisis; economic preferences; earth magnetism;
Find related papers by JEL classification:
- A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
- D60 - Microeconomics - - Welfare Economics - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-04-04 (All new papers)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Oswald, Andrew J & Powdthavee, Nattavudh, 2007.
"Obesity, Unhappiness, and The Challenge of Affluence : Theory and Evidence,"
The Warwick Economics Research Paper Series (TWERPS)
793, University of Warwick, Department of Economics.
- Oswald, Andrew J. & Powdthavee, Nattavudh, 2007. "Obesity, Unhappiness, and The Challenge of Affluence: Theory and Evidence," IZA Discussion Papers 2717, Institute for the Study of Labor (IZA).
- Andrew W. Lo & Dmitry V. Repin, 2001. "The Psychophysiology of Real-Time Financial Risk Processing," NBER Working Papers 8508, National Bureau of Economic Research, Inc.
- Oswald, Andrew J. & Powdthavee, Nattavudh, 2006.
"Does Happiness Adapt? A Longitudinal Study of Disability with Implications for Economists and Judges,"
IZA Discussion Papers
2208, Institute for the Study of Labor (IZA).
- Oswald, Andrew J. & Powdthavee, Nattavudh, 2008. "Does happiness adapt? A longitudinal study of disability with implications for economists and judges," Journal of Public Economics, Elsevier, vol. 92(5-6), pages 1061-1077, June.
- Charles A. Holt & Monica Capra, 2000.
"Classroom Games: A Prisoner's Dilemma,"
The Journal of Economic Education,
Taylor & Francis Journals, vol. 31(3), pages 229-236, January.
- Blanchflower, David G. & Oswald, Andrew J., 2007.
"Is Well-Being U-Shaped over the Life Cycle?,"
IZA Discussion Papers
3075, Institute for the Study of Labor (IZA).
- David G. Blanchflower & Andrew Oswald, 2007. "Is Well-being U-Shaped over the Life Cycle?," NBER Working Papers 12935, National Bureau of Economic Research, Inc.
- Blanchflower, David G. & Oswald, Andrew J., 2007. "Is Well-being U-Shaped over the Life Cycle?," The Warwick Economics Research Paper Series (TWERPS) 826, University of Warwick, Department of Economics.
- Anna Krivelyova & Cesare Robotti, 2003. "Playing the field: Geomagnetic storms and international stock markets," Working Paper 2003-5, Federal Reserve Bank of Atlanta.
Blog mentionsAs found by EconAcademics.org, the blog aggregator for Economics research:reading lists or Wikipedia pages:Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ekkehart Schlicht).
If references are entirely missing, you can add them using this form.