Economics as a common interdisciplinary platform–a cybernetic approach

Abstract

Cybernetics is the study of communication and control processes in biological, mechanical, and electronic systems and as such more relevant to the study of human behavior than simple paradigms, for instance Bounded Rationality (BR). Cybernetic Economics has like other cybernetic systems three levels: Economics aims to maximize the utility of goods and services Relevant Feedback is QALY-effects, for instance: 1) Eco effects, 2) Human relations and 3) Personal income System Management: Ad 1: A carbon neutral economy by a global CO2-emission Tariff (ET) Ad 2: Operation of the Big5 by Neuroeconomic Model (NeM) Ad 1-2: Informal bottom-up support of tripartite management (3P) Ad 3a: Market-based economic growth Ad 3b: Equalization of the market-based income by Universal Basic Income (UBI) Conclusion: A test course indicates that Cybernetic Economics can be disseminated to laymen. The major dissemination challenge is to give specialized researchers an introduction course in Cybernetics. Dissemination of Cybernetic Economics should have top-priority, because it's critical to better democratic guidance of Mankind towards the best possible QALY