next up previous contents index
Next: Distributed Computing System Up: Noemi Previous: The Human Body

A Market Economy

A market economy in a Noema.

The smart components of the Noema are individual people making decisions on local and partial knowledge. The market economy Noema consumes resources and generates products where the common language is money. There is a global clock defined by the time zones. The cell boundary is loosely defined by political and social climates.

The market economy Noema has state given by such indicators as the gross natural product, inflation rate, unemployment rate, booking, sales, cash flow, sales of large ticket items, and stock price indexes.

The market economy Noema is governed and controlled by setting the such governors as interest rate, tax schedules, and laws.

Ronald LeRoi Burback
Wed Jul 30 15:24:07 PDT 1997