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This paper looks at the history of money and its modern form from a scientific and mathematical point of view. The approach here is to emphasize simplicity. A straightforward model and algebraic formula for a large economy analogous to the ideal gas law of thermodynamics is proposed. It may be...
Persistent link: https://www.econbiz.de/10005126382
, if the innovation technology takes the form assumed in the literature, the actual US R&D intensity may be the socially …
Persistent link: https://www.econbiz.de/10005561080