Wayne, James J. (2014): Psychohistory Paradox and Introduction to Quantum Social Science.
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Abstract
Why would social science need the help from quantum mechanics? First, there are many unanswerable questions in social science. Are financial markets predictable? How to predict the financial markets? These important questions are not answerable in the existing framework of finance or economics. One important paradox in social science is the psychohistory paradox proposed by Asimov. In his novels, Asimov highlighted a paradox of human society: if the future events of a human society are predictable using psychohistory, people could take the advantage of that prediction to prevent the future events from happening, and the original prediction would be proven wrong. The psychohistory paradox is very real and fundamental in the human society. Second, the existing framework of modern physics can neither explain nor predict the human behavior. It is ridiculous and totally unacceptable that the same modern physics, which often boasts about the accurate descriptions and predictions of the tinniest elementary particles to the largest structures of the universe with amazing accuracies, cannot handle the simple human behavior observed in our everyday life. The flaws of the existing framework of modern physics must be fixed. Third, it is the internal logic of science. If the human free will is a quantum phenomenon as many people believe and social science is all about human choices, social science must be a branch of quantum physics. Fourth and last, quantum social science, or psychohistory, brings powerful tools and new insights to social science. Quantum social science can answer all the previously unanswerable fundamental questions in social science, and re-frame every problem in politics, economics, and other social science to be a physics problem. This paper summarizes the logic flow from the creation of JJW interpretation of quantum mechanics and physics laws of social science (PLSS) to their impacts on economics, finance, politics, and other fields of social science, natural science, and theology. Since many applications of PLSS are still unknown, this paper serves as an introduction to quantum social science and its applications. The central ideas of PLSS are very simple, yet it has profound logic consequences on many corners of human knowledge. The primary goal of this paper is to convey the beauty and simplicity of the framework of quantum social science or psychohistory.
Item Type: | MPRA Paper |
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Original Title: | Psychohistory Paradox and Introduction to Quantum Social Science |
Language: | English |
Keywords: | quantum social science, physics laws of social science, indetermancy, choice, probabilistic causality, information, uncertainty, equilibrium, and arrow of time |
Subjects: | A - General Economics and Teaching > A1 - General Economics > A12 - Relation of Economics to Other Disciplines B - History of Economic Thought, Methodology, and Heterodox Approaches > B1 - History of Economic Thought through 1925 B - History of Economic Thought, Methodology, and Heterodox Approaches > B2 - History of Economic Thought since 1925 D - Microeconomics > D0 - General D - Microeconomics > D0 - General > D01 - Microeconomic Behavior: Underlying Principles D - Microeconomics > D5 - General Equilibrium and Disequilibrium D - Microeconomics > D5 - General Equilibrium and Disequilibrium > D50 - General D - Microeconomics > D8 - Information, Knowledge, and Uncertainty E - Macroeconomics and Monetary Economics > E0 - General |
Item ID: | 59858 |
Depositing User: | Mr James J. Wayne |
Date Deposited: | 12 Nov 2014 05:18 |
Last Modified: | 29 Sep 2019 12:18 |
References: | 1. Auguste Comte, 1844. “A general view of positivism”, Discours sur l'Esprit positif, 1844, London 2. Stephane Courtois, Nicolas Werth, Jean-Louis Panne, Andrzej Paczkowski, Karel Bartosek, and Jean-Louis Margolin, 1997. “The Black Book of Communism: Crimes, Terror, Repression”, Harvard University Press, Cambridge, MA 3. Friedrich Hayek, 1944. “The Road to Serfdom”, University of Chicago Press, Chicago 4. Friedrich Hayek, 1952. “The Counter-revolution of Science: Studies on the Abuse of Reason”, Free Press, Glencoe, IL 5. Friedrich Hayek, 1960. “The Constitution of Liberty”, University of Chicago Press, Chicago 6. Friedrich Hayek, 1973, “Law, Legislation, and Liberty. Volume I: Rules and Oder”, University of Chicago Press, Chicago 7. Friedrich Hayek, 1976, “Law, Legislation, and Liberty. Volume II: The Mirage of Social Justice”, University of Chicago Press, Chicago 8. Friedrich Hayek, 1979, “Law, Legislation, and Liberty. Volume III: The Political Order of a Free People”, University of Chicago Press, Chicago 9. Robert Shiller in an interview with Jun Zhang in Fudan University, Shanghai in July, 2014 10. Leonard I. Schiff, 1968. “Quantum Mechanics”, McGraw-Hill Companies, New York 11. James J. Wayne, 2014. “Human Behavior Paradox and a Social Science Interpretation of Quantum Mechanics”, working paper, Munich University Library, Munich Personal RePEc Archive, 59718 (http://mpra.ub.uni-muenchen.de/59718/ ). 12. John Von Neumann, 1955. “Mathematical Foundations of Quantum Mechanics”, Princeton University Press, Princeton, NJ 13. James J. Wayne, 2005. “Physics Laws of Social Science”, Lawrence Cedar House, New Jersey 14. James J. Wayne, 2013. “Physics Laws of Social Science”, working paper, Munich University Library, Munich Personal RePEc Archive, 47811 (http://mpra.ub.uni-muenchen.de/47811/ ). 15. James J. Wayne, 2014. “Commonly Shared Foundation of Mathematics, Information Science, Natural Science, Social Science, and Theology”, working paper, Munich University Library, Munich Personal RePEc Archive, 59834 (http://mpra.ub.uni-muenchen.de/59834/ ). 16. Max Born, 1954. “Physics 1942 – 1962”, Nobel Lectures, Elsevier Publishing Company, 1964 17. James J. Wayne, 2014. “A Physics Solution to the Hardest Problem in Social Science: Physics Foundation of Permanent World Peace”, working paper, Munich University Library, Munich Personal RePEc Archive, 59634 (http://mpra.ub.uni-muenchen.de/59634/ ). 18. Paul M. Chaikin and Tom C. Lubensky, 1995. “Principles of Condensed Matter Physics”, Cambridge University Press, Cambridge 19. James J. Wayne, 2014. “Arrow of Time Phenomena in Social Science and Sixteen Global Mega Trends of Human Society”, working paper, Munich University Library, Munich Personal RePEc Archive, 59685 (http://mpra.ub.uni-muenchen.de/59685/ ). 20. James J. Wayne, 2014. “Fundamental Design Flaws of United States Constitution”, working paper, Munich University Library, Munich Personal RePEc Archive, 59664 (http://mpra.ub.uni-muenchen.de/59664/ ). 21. James J. Wayne, 2014. “Tragedy of Commonly-shared Debts”, working paper, Munich University Library, Munich Personal RePEc Archive, 59712 (http://mpra.ub.uni-muenchen.de/59712/ ). 22. James J. Wayne, 2013. “Fundamental Equation of Economics”, working paper, Munich University Library, Munich Personal RePEc Archive, 59574 (http://mpra.ub.uni-muenchen.de/59574/ ). 23. James J. Wayne, 2014. “Generalized Second Law of Thermodynamics and Its Applications in Social Science”, working paper, Munich University Library, Munich Personal RePEc Archive, 59734 (http://mpra.ub.uni-muenchen.de/59734/ ). 24. James J. Wayne, 2014. “A Scientific Macroeconomic Model Derived from Fundamental Equation of Economics”, working paper, Munich University Library, Munich Personal RePEc Archive, 59591 (http://mpra.ub.uni-muenchen.de/59591/ ). |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/59858 |