Authors: Erman ZENG
The mathematical characterization of “the Productive Force” of a macro economic system is based on Newtonian mechanics and quantum physics, which is expressed as the product of the growth rate of the profit rate (p) and the surplus value (M), showing several quantum qualities similar to the photon. The one-dimensional linear harmonic oscillator model can correlate the angular frequency with the change rate of the rate of profit thus with the economic growth rate, resulting to the quantum-like interpretation of various business cycles. The matrix mechanics analysis of the Leontief input-output table gives the Schrodinger-like value-price transformation eigen-function, with the reduced organic composite of capital as the eigenvalue of the price wave function, leading to the "two Cambridge controversy" resolved.
Comments: 12 Pages.
[v1] 2017-05-03 23:00:35
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