Quantum Economics

Authors

  • Veselin Vukotić University of Donja Gorica – UDG, Faculty for International Economics, Finance and Business, Podgorica, Montenegro; Institute for Strategic Studies and Prognosis, Podgorica, Montenegro; Institute of Social Sciences, Belgrade, Serbia

DOI:

https://doi.org/10.2298/PAN1102267V

Keywords:

Economic quantum, An individual, Innovation, Globalization, Development

Abstract

The globalization is breaking-down the idea of national state, which was the base for the development of economic theory which is dominant today. Global economic crisis puts emphasis on limited possibilities of national governments in solving economic problems and general problems of society. Does it also mean that globalization and global economic crisis points out the need to think about new economic theory and new understanding of economics? In this paper I will argue that globalization reveals the need to change dominant economic paradigm – from traditional economic theory (mainstream) with macroeconomic stability as the goal of economic policy, to the “quantum economics“, which is based on “economic quantum” and immanent to the increase of wealth (material and non-material) of every individual in society and promoting set of values immanent to the wealth increase as the goal of economic policy. Practically the question is how we can use global market for our development!

Key words: Economic quantum, An individual, Innovation, Globalization, Development.
JEL: A11, A12, F01, N00, O10, O30.

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Published

2011-10-10

How to Cite

Vukotić, V. (2011). Quantum Economics. Panoeconomicus, 58(2), 267–276. https://doi.org/10.2298/PAN1102267V

Issue

Section

Polemic