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From the Physiocrats to Fairness in Nations

Yekbun Adigüzel

Istanbul Kemerburgaz University, Bakirkoy, Istanbul, Turkey

E-mail Address: yekbun.adiguzel@kemerburgaz.edu.tr

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Ophir Flomenbom

Flomenbom-BPS Ltd, 19 Louis Marshal, Tel Aviv 62668, Israel

E-mail Address: ophir1974@flomenbom.net

Chief Editor in this Special Issue.

Flomenbom-BPS Ltd is a private scientific company.

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, and

Gul Unal Coban

DokuzEylul University, Buca/Izmir, Turkey

E-mail Address: gulunalcoban@gmail.com

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https://doi.org/10.1142/S2424942417500013Cited by:7 (Source: Crossref)

Abstract

In this review, work from three centuries of biophysical economics is presented, starting from the physiocrats’ early work in biophysical economics in 1755, to the most recent modeling of modern societies with approaches from biophysics and physics, to explain the wealth distribution, opinions and power structures in societies and nations. At the same time, we are also dealing with generalizations, in particular, how to define and create fairness in nations. The general conclusions emphasize the strength of socio-econo-physics in explaining nations, also in comparison to the other approaches, due to the unbiased starting points and diversity in methods. The results emphasize that fairness is increased with citizens’ activities that create smoother income distributions and improving the flow of opportunities in the nation. Fairness also fights unjust socio-economic biases and suggests advancing citizens-managed organizations.

Keywords:

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Vol. 01, No. 01

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Received 27 July 2016

Revised 27 September 2016

Published: 30 December 2016

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This is an Open Access article published by World Scientific Publishing Company. It is distributed under the terms of the Creative Commons Attribution 4.0 (CC-BY) License. Further distribution of this work is permitted, provided the original work is properly cited.

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From the Physiocrats to Fairness in Nations

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