Conservation laws derived from systemic approach and symmetry
International Journal of Finance, Insurance and Risk Management, Volume 7, Issue 2, 1307, 2017
Abstract:
We prove mathematically for the first time that a conserved value must exist in economics. We derive it by using symmetry arguments in the systemic approach. Recently, it has been shown that a conserved value and its rigorous application can avoid any form of financial crises. So it is proven that a financial crisis is for sure avoidable without any other economic sacrifices.