IDEAS home Printed from https://ideas.repec.org/p/hal/journl/hal-00817615.html
   My bibliography  Save this paper

Fundamentals of crisis-proof economics

Author

Listed:
  • Alexander A. Antonov

    (Research Centre of Information Technologies - TELAN Electronics)

Abstract

The major problem of the current market economy is absence of appropriate mathematical description of processes taking place in it, which results in misunderstanding of these processes, as well as lack of efficient means of preventing economic crises. The manuscripts suggests such a mathematical description, making use of the circumstance that the 'black box' of market economy has the corresponding 'white box', which turned out to be the processes well known in radio-electronics. This approach allowed proving that the current market economy, due to the significant influence of the human factor, is described with parametric differential equations with random coefficients, the solutions of which are also random functions of time. Therefore, it is basically unpredictable and uncontrollable, which makes economic crises inevitable. In order for the economy to become crisis-proof, it has to be reformed. We suggest using the new economic tools which allow solving the problem. Here belong business-interfaces that can neutralize the internal human factor, and the new global/regional information network TV*net, which is completely free from the shortcomings of the Internet and is able to neutralize the external human factor. It is shown that after the implementation of reforms suggested in the manuscript economics will become an exact science able to successfully solve the tasks of analysis and synthesis of economic structures, the tasks of their simulation and improvement, as well as regulation of the economy in general. The new economy will become crisis-proof and rapidly developing.

Suggested Citation

  • Alexander A. Antonov, 2013. "Fundamentals of crisis-proof economics," Post-Print hal-00817615, HAL.
  • Handle: RePEc:hal:journl:hal-00817615
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:journl:hal-00817615. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.