Keywords
Welth of Nations
Adam Smith
How to Cite
Abstract
We present a simple dynamical system with two differential equations, one for price, and another for a good in an economy. Our model is based en the price theory ex-posed by Adam Smith in Wealth of Nations.
We studied as an example, the case of cattle for world economy.
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Copyright (c) 2008 Osvaldo Acuña, Fernán Ulate