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Life rhythms of biological and economic systems

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But reading Adam Smith restored him, And economics he knew well; Which is to say that he could tell The ways in which a state progresses—The actual things that make it thrive, And why for gold it need not strive, When basic products it possesses.

A.S. Pushkin. Eugene Onegin (translated by J.E. Falen)

Abstract

This article is a response to two famous works: “An Inquiry into the Nature and Causes of the Wealth of Nations” by Adam Smith and “Cybernetics: Or Control and Communication in the Animal and the Machine” by Norbert Wiener. This year marks 235 and 60 years, respectively, since they were published. However, it is not the anniversary alone that made the authors of this article pay attention to the ideas put forward in these works. The modern crisis of the global economy has raised the question as to whether crises are inevitable or whether they can be controlled. The experience of comparing social and biological nonlinear systems based on random processes tells us that the laws of control and the oscillatory nature of their change can change the time of transitory processes and the duration of life of nonlinear systems, arresting crisis situations. This article deals with the peculiar nature of the mechanisms of such management.

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Additional information

Original Russian Text © G.R. Ivanitskii, A.A. Deev, M.A. Tsyganov, 2011, published in Vestnik Rossiiskoi Akademii Nauk, 2011, Vol. 81, No. 11, pp. 1008–1020.

The authors work at the RAS Institute of Theoretical and Experimental Biophysics. RAS Corresponding Member Genrikh Romanovich Ivanitskii is director of the institute. Aleksandr Aleksandrovich Deev, Cand. Sci. (Phys.-Math.), is a leading research fellow. Mikhail Arkad’evich Tsyganov, Dr. Sci. (Phys.-Math.), is a leading research fellow.

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Ivanitskii, G.R., Deev, A.A. & Tsyganov, M.A. Life rhythms of biological and economic systems. Her. Russ. Acad. Sci. 81, 637–649 (2011). https://doi.org/10.1134/S1019331611060037

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