Statistical Mechanics of Money, Income, Debt, and Energy Consumption

Victor Yakovenko, University of Maryland By analogy with the probability distribution of energy in statistical physics, I argue that the probability distribution of money in a closed economic system sh, Reviews of Modern Physics 81, 1703 (2009), New Journal of Physics 12, 075032 (2010).  This work is currently supported by the Institute for New Economic Thinking,

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