CONSTRUCTAL LAW AND FREE ECONOMIC MARKET

Constructal law is a rapidly expanding field in physics, biology, technology, economics, and social sciences. It states that everything that flows and moves does so with an evolutionary design. Flow configurations, patterns, and rhythms change over time to provide greater access to their streams, allowing for easier flow. The rule of law and government describe movement "with design" on Earth. In a free market system, each person freely follows their interests, ultimately maximizing the interests of society as a whole. This means that free people can choose and trade, leading to increased growth in the country. In other words, in a free market system, individual freedom is a crucial principle for the country's progress; as the Constructal law states, " for a flow system to survive over time, it must evolve freely." In this paper, we will illustrate that when economic freedom increases, the per capita production of countries rises. In other words, economic freedom leads to welfare in society.

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Journal
14th CONSTRUCTAL LAW CONFERENCE | 10-11 October 2024 Bucharest Romania
Published
2024-12-18
DOI
https://doi.org/10.59277/clc.2024.46
Primary Topic
European and International Contract Law
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article
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article

CONSTRUCTAL LAW AND FREE ECONOMIC MARKET

AMIR NEKOUNAM, MOHAMMAD OLFATI
14th CONSTRUCTAL LAW CONFERENCE | 10-11 October 2024 Bucharest Romania
European and International Contract Law
article

CONSTRUCTAL LAW AND FREE ECONOMIC MARKET

AMIR NEKOUNAM, MOHAMMAD OLFATI
article en

Abstract

Constructal law is a rapidly expanding field in physics, biology, technology, economics, and social sciences. It states that everything that flows and moves does so with an evolutionary design. Flow configurations, patterns, and rhythms change over time to provide greater access to their streams, allowing for easier flow. The rule of law and government describe movement "with design" on Earth. In a free market system, each person freely follows their interests, ultimately maximizing the interests of society as a whole. This means that free people can choose and trade, leading to increased growth in the country. In other words, in a free market system, individual freedom is a crucial principle for the country's progress; as the Constructal law states, " for a flow system to survive over time, it must evolve freely." In this paper, we will illustrate that when economic freedom increases, the per capita production of countries rises. In other words, economic freedom leads to welfare in society.

14th CONSTRUCTAL LAW CONFERENCE | 10-11 October 2024 Bucharest RomaniaVol. 2024(1)
Razi University (IR), Allameh Tabataba'i University (IR)
Openalex Percentile: Top 50%
European and International Contract Law
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CONSTRUCTAL LAW AND FREE ECONOMIC MARKET — AMIR NEKOUNAM, MOHAMMAD OLFATI · 14th CONSTRUCTAL LAW CONFERENCE | 10-11 October 2024 Bucharest Romania (2024) | TGRS Research Map | TGRS