From the introduction: This book attempts to throw some additional light on three interdependent phenomena in South Asian political development which lateley have contributed to considerable changes within the subsystem. This applies to intra-state and inter-state configurations. One main...

An analogy between assets and liabilities and the momentum of particles and antiparticles (called actons and passons) is proposed. It allows physicists to use physical methods in economy for the analysis of monetary systems and for the analysis of double entry bookkeeping. Economists can use it...

We analyze a monetary system of random money transfer on the basis of double entry bookkeeping. Without boundary conditions, we do not reach a price equilibrium and violate text-book formulas of economist's quantity theory (MV=PQ). To match the resulting quantity of money with the model...

We analyze a monetary system of random money transfer on the basis of double entry bookkeeping. Without boundary conditions, we do not reach a price equilibrium and violate text-book formulas of economists quantity theory (MV=PQ). To match the resulting quantity of money with the model...

We analyze wealth condensation for a wide class of stochastic economy models on the basis of the economic analog of thermodynamic potentials, termed transfer potentials. The economy model is based on three common transfers modes of wealth: random transfer, profit proportional to wealth and...