Economic Entities Seen as Spinning Systemic Yoyos

Abstract

As suggested by the title, in this part of the book, we will focus on how the systemic yoyo model and its relevant figurative analysis method can be not only applied to the study of the laws of motion, astronomy, and the three-body problem, where Newton’s laws have been historically considered as one of the main reasons why physics is an “exact” science, but also equally applicable to inexact studies such as economics, evolutions of business, and management, which are parts of social sciences. Situations studied in these areas of social sciences are fundamentally different from those considered in natural sciences because humans are involved in each economic and management situation and their desires always alter the evolution of the outcome, leading to unpredictable, chaotic consequences. What is presented in this part of the book shows that when each business entity is seen as a rotating yoyo with a spin field around it, this fundamental difference seems to disappear and the seemingly unpredictable, chaotic consequences of human organizational desires and corresponding behaviors no longer look unpredictable and chaotic.