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

Zeps, Dainis (2010): Answer to question what is money: gauge freedom. Physicist’s approach to tendencies in world’s economy.

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.

• Item Type: MPRA Paper
• Language: English
• Keywords: world’s economy, money, gauge freedom, physics, commonwealth
• Subjects: C - Mathematical and Quantitative Methods > C0 - General

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