A Pattern‐based Interpretation of the US Economic System

Abstract

Analyses the economic system slice‐wise, taking the main economic activities for a year together. Within this slice the development of the economic activities is characterized by plus or minus signs according to an increase or decrease of the activities. This yearly sequence of plus and minus signs is taken as a pattern. Analyses these economic patterns according to cybernetic and economic criteria. Sign‐equivalent patterns are taken together as groups. The chronological development of these groups gives the profiles of the economy. The development of profiles is quite concordant with the business cycle of the economy in question.

Citation

Billeter‐Frey, E.P. (1992), "A Pattern‐based Interpretation of the US Economic System", Kybernetes, Vol. 21 No. 2, pp. 12-32. https://doi.org/10.1108/eb005919