Quantum Theory and Social Economics
The Holistic Approach of Modem Physics Serves Better Than Newton's Mechanics in Approaching Reality
Bibliographic Data
| ID | 2824422 |
|---|---|
| Authors | Siegfried G Karsten (Georgia College & State University, corresponding author) |
| Year | 1990 |
| Volume | 49 |
| Issue | 4 |
| Pages | 385-399 |
| Publication date | 1990-10-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | American Journal of Economics and Sociology (JOURNAL) |
| Journal identifiers | ISSN: 0002-9246 • E-ISSN: 1536-7150 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/j.1536-7150.1990.tb02461.x |
| OpenAlex | W1722955904 |
| Language | EN |
| Citations received | 3 |
The holistic approach of quantum theory is investigated as a tool for social economists to analyze and to interpret socioeconomic reality and paradigms. The link between quantum theory and the social economist's approach to socioeconomic reality, i.e., the "what is," rests on the premise that each element of the socioeconomic universe relates to the whole system and vice versa. In other words, the meaning of each part is to be found in its implicit reflection of the whole of reality; it has no meaning exclusive of the whole. In terms of quantum theory, investigations of microeconomic processes are interwoven with the macroeconomic frame of reference of the observer. The very act of observation is to be considered as an integral part of the observed system
Economics · Epistemology · Mathematical economics · Meaning (existential) · Observer (physics) · Physics · Positive economics · Premise · Quantum mechanics · Socioeconomic status · Sociology · Economic Theory and Institutions · Mathematics · Philosophy
| Unique citing works | 3 |
|---|---|
| Citations per year | 0.13 |
| Citation span | 2003 - 2026 (24) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 3 |