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- W2514398606 abstract "Crises in social systems are considered by analogy with phase transitions and the corresponding critical phenomena in «non-living» many-particle physical systems. We present two qualitative physical models: (i) a histori- cal and demographic progress as a gradual condensation of economical domains with an improvement of living condi- tions, and (ii) the modern economical crisis as a result of a spontaneous «condensation» of assets in a free expansion of the U.S. economy in 1990th and 2000th, reducing a control over large business enterprises formed in this process. The first model explains the observed hyperbolic growth of world population in the I-XX centuries A.D. without any addi- tional assumption while the second model points to the analogy between the economic expansion with a drop of com- petition, and the expansion of gas into vacuum with a drop of temperature." @default.
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- W2514398606 date "2010-06-01" @default.
- W2514398606 modified "2023-09-27" @default.
- W2514398606 title "Phase transitions associated with economy and demography" @default.
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- W2514398606 doi "https://doi.org/10.20537/2076-7633-2010-2-2-209-218" @default.
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