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

Dainis Zeps ()

MPRA Paper from University Library of Munich, Germany

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.

Keywords: world’s economy; money; gauge freedom; physics; commonwealth (search for similar items in EconPapers)
JEL-codes: C0 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-hpe and nep-mac
Date: 2009-04-03
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http://mpra.ub.uni-muenchen.de/20292/ revised version (application/pdf)

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Persistent link: http://EconPapers.repec.org/RePEc:pra:mprapa:14453

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