Related papers: The Struggle with Inequality
The 2008 global financial crisis marked the beginning of a decade dominated by fiscal austerity policies in much of the developed world. This paper presents a qualitative narrative review of an extensive collection of academic literature to…
This article identifies how scarcity, abundance, and sufficiency influence exchange behavior. Analyzing the mechanisms governing exchange of resources constitutes the foundation of several social-science perspectives. Neoclassical economics…
This paper attempts to find a relationship between agents' risk aversion and inequality of incomes. Specifically, a model is proposed for the evolution in time of surplus/deficit distribution, and the long-time distributions are…
The literature on ethics and sustainability in mathematics and its education is increasingly complex and fragmented, potentially leading to communication breakdowns between different scholarly traditions. To address this, the paper…
The article discusses the controversy over infinite growth. It analyzes the two dominant perspectives on economic growth and finds them based on a limited and subjective view of reality. An examination of the principal aspects of economic…
This study examines the potential of using math-themed postage stamps in mathematics lessons as a tool to engage students and integrate the subject with history, art, and culture. Since the first mathematical stamps appeared in the early…
This is a review article for Encyclopedia of Complexity and System Science, to be published by Springer http://refworks.springer.com/complexity/. The paper reviews statistical models for money, wealth, and income distributions developed in…
This is expanded text of a lecture delivered by the author at the conference "Mat\'eriaux pour l'Histoire des Math\'ematiques au XX\`eme si\`ecle", which took place in Nice in January 1996. The task was to describe one area in the…
The aim of this paper is to study the historical evolution of mathematical thinking and its spatial spreading. To do so, we have collected and integrated data from different online academic datasets. In its final stage, the database…
This paper investigates the evolving dynamics of international trade, emphasizing the strategic interplay between competition and cooperation within the global trade network. It argues that competitive advantages - rather than traditional…
Inequalities play important roles not only in mathematics, but also in other fields, such as economics and engineering. Even though many results are published on Hermite-Hadamard (H-H) type inequalities, new researcher to this fields often…
We give a pedagogical introduction to a selection of recently discussed topics in nonequilibrium statistical mechanics, concentrating mostly on formal structures and on general principles. Part I contains an overview of the formalism of…
In recent years, random matrices have come to play a major role in computational mathematics, but most of the classical areas of random matrix theory remain the province of experts. Over the last decade, with the advent of matrix…
We propose a stochastic map model of economic dynamics. In the last decade, an array of observations in economics has been investigated in the econophysics literature, a major example being the universal features of inequality in terms of…
A very brief history of relative valuation in neoclassical finance since 1973 is presented, with attention to core currency issues for emerging economies. Price formation is considered in the context of hierarchical causality, with…
The field of study of this paper is the analysis of the exchange between two subjects. Circumscribed to the micro dimension, it is however expanded with respect to standard economic theory by introducing both the dimension of power and the…
This paper gives a short review of the history of statistical physics starting from D. Bernoulli's kinetic theory of gases in the 18th century until the recent new developments in nonequilibrium kinetic theory in the last decades of this…
This Chapter is written for the Festschrift celebrating the 70th birthday of the distinguished economist Duncan Foley from the New School for Social Research in New York. This Chapter reviews applications of statistical physics methods,…
The purpose of this survey is to give a comprehensive introduction to some classes of classical and recent analytic inequalities in Inner Product Spaces.
Fair division is the problem of dividing one or several goods amongst two or more agents in a way that satisfies a suitable fairness criterion. These Notes provide a succinct introduction to the field. We cover three main topics. First, we…