Economy

Economy

Instability of Capitalism

The dynamics of an economy can be described as a flow of resources, similar to the flow of a physical fluid. We discuss aspects of stability of a capitalistic economy based on a stability analysis of fluid flow with small capital interest rate corresponding to highly unstable slightly viscous flow.

Mathematics of the Economical Crisis

We present evidence that the economical crisis can partly be blamed on a mathematics education which does not correctly convey the nature of exponential growth and instability of differentiation, and does not support new smart technology based on computational simulation.

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