Tracing a Faint Fingerprint of the Invisible Hand?

Details Tracing a Faint Fingerprint of the Invisible Hand? Tracing a Faint Fingerprint of the Invisible Hand?

2001-04-09

arxiv.org/abs/cs/0104014v1

Computer Science

Computational Engineering, Finance, and Science

Scientific paper

Any economic agent constituting the monetary economy maintains the activity of monetary flow equilibration for fulfilling the condition of monetary flow continuity in the record, except at the central bank. At the same time, monetary flow equilibration at one economic agent constantly induces at other agents in the economy further flow disequilibrium to be eliminated subsequently. We propose the rate of monetary flow disequilibration as a figure measuring the progressive movement of the economy. The rate of disequilibration was read out of both the Japanese and the United States monetary economy recorded over the last fifty years.

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