Integrating Money Cycle Dynamics and Economocracy for Optimal Resource Allocation and Economic Stability

This paper integrates two theoretical frameworks to explore optimal resource allocation and the dynamics of the money cycle in a hypothetical economy. It examined the theoretical background of the problems of choice. The first framework considers an economy governed by an omniscient authority responsible for production and distribution decisions, focusing on the logic of choice and efficient resource allocation. The second framework introduces the concept of the new economic system of Economocracy, emphasizing the role of the Money Cycle theory in economic management and governance. By combining these frameworks, the paper provides a comprehensive understanding of productive and distributive efficiency and examines the impact of the money cycle on economic stability and growth. A mathematical modeling of the money cycle is presented to highlight the relationship between money distribution, economic capacity, and overall economic health. The integrated approach offers valuable insights for optimizing resource allocation and enhancing economic resilience.

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Publication Details

Journal
Journal of risk and financial management
Published
2024-09-22
DOI
https://doi.org/10.3390/jrfm17090422
Citations
19
Primary Topic
Economic theories and models
Type
article
Field-Weighted Citation Impact
21.45
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article

Integrating Money Cycle Dynamics and Economocracy for Optimal Resource Allocation and Economic Stability

Constantinos Challoumis - Κωνσταντίνος Χαλλουμής
19 citations
Journal of risk and financial management
Economic theories and models
21.45
article

Integrating Money Cycle Dynamics and Economocracy for Optimal Resource Allocation and Economic Stability

Constantinos Challoumis - Κωνσταντίνος Χαλλουμής
article en
19 citations

Abstract

This paper integrates two theoretical frameworks to explore optimal resource allocation and the dynamics of the money cycle in a hypothetical economy. It examined the theoretical background of the problems of choice. The first framework considers an economy governed by an omniscient authority responsible for production and distribution decisions, focusing on the logic of choice and efficient resource allocation. The second framework introduces the concept of the new economic system of Economocracy, emphasizing the role of the Money Cycle theory in economic management and governance. By combining these frameworks, the paper provides a comprehensive understanding of productive and distributive efficiency and examines the impact of the money cycle on economic stability and growth. A mathematical modeling of the money cycle is presented to highlight the relationship between money distribution, economic capacity, and overall economic health. The integrated approach offers valuable insights for optimizing resource allocation and enhancing economic resilience.

Journal of risk and financial managementVol. 17(9)
National and Kapodistrian University of Athens (GR)
Openalex Percentile: Top 1%
Economic theories and models
21.45
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Integrating Money Cycle Dynamics and Economocracy for Optimal Resource Allocation and Economic Stability — Constantinos Challoumis - Κωνσταντίνος Χαλλουμής · Journal of risk and financial management (2024) | TGRS Research Map | TGRS