Our New Logo
To gain, to improve, to increase, to make more, for humanity to progress toward a general betterment and for the United States to become wealthier and stronger, to enable opportunity for the young to have careers and to increase the number of well-paying jobs means from a physics point of view to change from what was initially a position of wealth to a new position as an increase. This is the concept of acceleration defined as the change in velocity divided by the change in time. It means whatever speed the economy was going it must change speed (faster) to change wealth.
Our new logo is part of the Physics to Economics Model written by F. Patrick Cunnane. The physics analogy of economic principal is economics is of the physical world therefore it is subject to the laws of physics. For an economy to operate something physical (mass) must be forced to move a distance in a time interval caused by energy. To cause this to happen first energy as the input changes form to energy in motion (kinetic energy) and changes form again to stored energy as stored wealth.
To change is to be caused to change in the laws of physics. The cause is derived from energy applied as a force push counteracted upon by counter forces equaling a summation of force as a force net (positive). When force push is greater than the counter force the summation of force becomes positive. The summation of force must be great enough to cause the object being pushed to move a distance. In economics this means iron to mill to car to sale. Energy moved the iron, energy melted it and energy made the car. The salesman’s commission can only occur if the energy is applied first. No energy, no car. No mass moved, no car.
The summation of force (Σf) causes the object to accelerate. In time the object has motion which has kinetic energy. The kinetic energy can do something, it can do work. In physics energy is a concept and is not specifically defined. Energy is defined however in what it can do. In physics energy has the ability to do work by applying force on its surroundings. It is the capacity of a system to change position, to change speed, to change state (gaseous to liquid, to solid, to heat) to change form, to change from its surroundings and move to a new position in new surroundings and change relative to time.
The work done is kinetic energy final minus kinetic energy initial (KEf - KEi). An increase in work done cannot occur unless there is first a positive increase (change) in the summation of force. Either an increase in energy or a decrease in the counterforces to force push must occur to change the input. The input of energy caucuses the output of wealth. This means that which is a possession has been derived from energy, and the value of a job is derived from the input of energy. A car, house and general possessions originate as a form of energy. Without energy a car would be iron ore still underground. It takes more energy to make two cars than it does one. It takes more energy to become wealthier, or the same amount of energy but with fewer economic counterforces.
Wealth in economics is defined by what it does and is a form of energy. Wealth comes from the change in kinetic energy of the economy and wealth is the ability to consume just as energy is the ability to do work. Wealth is derived from the accumulation of energy caused by the input of energy into the economic system.
The principle of the Economics to Physics Model written by F. Patrick Cunnane, is energy allows the force push from electricity plus fuel burned as the force push (Fp) minus government expenses which lessen the applied use of the electricity plus fuel burned and also there is a lessening due to friction. Part of the Physics to Economics Model is Fp(1-tax-government debt-cost of unemployment- excessive regulation-trade deficits)- friction = summation of force is (fp – fc) – friction = Σf.
The input of force push can increase by either more force push or reducing force counter or both.
The summation of force (net positive force) accelerates the economic object (economy) noted as a small (e) in the logo formula which demonstrates an acceleration of the economy as the object of study by a change in the transaction rate Δ(Tr) divided by a change in the time (Δt) or acceleration. A change in the transaction rate is the change in velocity where velocity is a change in distance with direction divided by a change in time. Velocity = v = Δd/ Δt and acceleration = Δv/ Δt = acceleration (a).
The Physics to Economics Model is an analogy of Newton’s second law Σf = ma (the summation of force equals mass multiplied by acceleration).
As the object is accelerated the object has energy transferred to it in the form of kinetic energy KE. The formula for kinetic energy is KE=1/2mv2.
The economic analogy for kinetic energy is E for energy of motion and mass is represented as a small “e” for the economy (the object to be accelerated) and Tr is the transaction rate as Velocity. The logo formula is the economic energy (E) = one half multiplied by the attributes of the economy (e) (as the entity to be accelerated) multiplied by the transaction rate squared ((Tr)2) where (Tr)2 is the analogy for velocity squared as (E=1/2e(Tr)2 ).
The change of electricity plus fuel burned minus the counterforces is the summation of force push input into the economy to cause the increase of the output (change in the output) that will result in a proportional net change (increase) in wealth because the change in wealth is derived from a change in the input of electricity plus fuel burned. Unless the input changes the output cannot change.
The logo is only part of the Physics to Economics Model and its purpose is to reflect upon the clear understanding of how the economy actually operates. An example of this is when the government reduces taxes, it reduces counter forces therefore increases the summation of force resulting in time as an increase in aggregate national wealth. A reduction in taxation also uses less fuel burned which decreases climate change if climate change is true. The reverse is true if the interest rate on national debt increases. Interest expense on a debt is a counterforce to the generation of wealth. Oil, gas and coal must be burned to pay the interest on the national debt (government borrowing) making interest payments a cause of climate change, if climate change is true.
The Physics to Economics Model answers the question on how economies operate without political influences.
Copying or use of Masters Consulting Group’s logos and/or any third party logos accessed via this website is not permitted without the prior written approval of the relevant trade mark and/or copyright owner.