The core of economics is finance

Mondo Education Updated on 2024-01-31

The basic laws of the economy and the basic common sense of the economy constitute economics, which is divided into traditional economics and modern economics.

1. Traditional economics includes market economics, political economy, etc., which is based on the operation of production and capital, the essence of which is products and money, with the purpose of maximizing production efficiency and benefits, and the main theory of traditional economics is Adam Smith's "The Wealth of Nations".

2. Modern economics is digital economics, which is a new economics based on the Internet, big data and intelligent machinesThe Internet is a production relationship in digital economics, and the Internet realizes customized production of consumption, accurate matching of supply and demand, and solves the problem of overcapacity. Big data is the means of production of digital economy, that is, digital assets;Digital assets, including customer needs and production standards, are real data generated by sensors and consumption;In digital economics, the generation and confirmation of digital assets is the key, because the essence of digital assets is wealth redistribution. Intelligent machine is the production tool of digital economics, 5% of people + intelligent machines meet the material needs of the whole society, human society has evolved from the pursuit of material abundance to the pursuit of spiritual civilization, and human society has begun to enter a new stage of development, which is the goal.

3. Whether it is traditional economics or modern economics, the core is finance, the core of finance is money, and the essence of money is a tool for wealth distributionMoney represents the value of matter, and money is a pile of waste paper without material anchors, which is the core of economics.

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