A contemporary practise of creating the cash money by the Central Banks is in opposition to the first fundamental law of the Nature that capital and energy cannot arise by fiat; hence stems a conclusion that activities of these institutions are a source of the financial instability and crises....

Capital is an ability of doing work. This is abstract and homogenous category, which has its equivalent in physics as concept of energy. Therefore the second law of thermodynamics predetermines an existence and a size of the risk premium as an essential economic constant, which shapes interest...

At the beginning of time, Prime Energy began Her labour creating Universes - matters and spirits and laws of their evolution towards societies of human beings. Therefore all creatures are energetic by nature and must maintain an adequate level of energy's concentration to continue their life in...

Monetary system is undoubtedly a venture, which has developed in the course of the history. Many facts from historical and even pre-historical times testify to a variety of possible ways of understanding the affairs of money; however, the relationship between money and productivity of labor has...

The risk premium is a part of Efficient Market Theory. The free market yields an adequately large risk premium in order to cover the costs of risk. On the other hand, respecting in practice the adequate risk premium size (wages, prices) makes the market more efficient. Many other fields of...

The money economy is undoubtedly one of humanity's greatest achievements. The benefits could be even greater if the role of money were better understood as a result of research done on accounting records of wage (salary) receivables. It has been shown that money arises as an accounting record of...

Monetary system is undoubtedly a venture, which has developed in the course of the history. Many facts from historical and even pre-historical times testify to a variety of possible ways of understanding the affairs of money; however, the relationship between money and productivity of labor has...

The analysis in this paper shows that monetary issues are no longer merely of macroeconomic character. Indeed, they are also an important theoretical problem of accounting theory. The accounting unit or unit of measure agenda in the money economy is indispensable to accounting theory. Adequate...

Successful entrepreneurs employ a variety of assets with the objective of seeking unusually high returns on invested financial capital. Intellectual entrepreneurs effectively use some intangible factors, like intellectual capital, to reach impressive results. Each asset employed by entrepreneurs...